How NIG's Property Owners eProduct has changed for residential
Authored by NIG
We know that eTrade channels (TheHub and Software Houses) are increasingly being used to request quotations for residential portfolios. Our full-cycle Property Owners eProduct has long been popular. It is suitable for single and multi-location portfolios of up to 25 premises.
We continue to work hard to add value to our Property Owners eProduct, listening to ongoing feedback to ensure we can maintain it as a go-to favourite.
That’s why we have enhanced our eProduct with increased limits, bulk uploads of properties and reduced referrals, helping to make the trading process more efficient, less time-consuming and improving the speed of response time for clients, therefore enhancing client conversion rates.
Our recently increased limits allow you to quote higher values. Providing you with enhanced trading capabilities and ensuring it is easier to trade larger risks online.
We have also reviewed referral values when you tell us a client has had a claim. It now means, where residential properties are concerned, that you don’t have to speak with an underwriter for the majority of quotes when there is a single claim up to £10,000.
It should be noted that Third Party Personal Injury, Employers’ Liability, Subsidence, Fire, Flood, Engineering & Legal Expenses at any value will still generate a referral.
In addition to this, you can also transact up to 25 properties easily from a Microsoft Office compatible spreadsheet, further speeding the entire process up and reducing the need for you to re-key data.
We continually listen to your feedback and welcome any additional ideas for how we can make our eTrade products even better on an ongoing basis.
To speak to someone at NIG about Property Owners insurance, CLICK HERE, leave a message and youTalk-insurance will pass your enquiry on
About NIG
We’ve been experts in commercial insurance for 125 years.
The National Insurance and Guarantee Corporation (NIG) is a broker only insurer; we believe in getting to know both the brokers we work with and their clients’ businesses, building trusted partnerships that last for the long-term. Our highly experienced underwriting team are focused on working with brokers to identify and understand the risks faced by UK enterprises. Together, with our risk control experts and risk management tools we develop solutions to help UK enterprises reduce and mitigate key exposures. We offer a wide range of products with flexibility to create tailored insurance cover and when clients need us, claims are dealt with quickly and fairly through a proactive claims approach.
Our trading model has been designed to reflect the differing requirements of how brokers like to trade, with regional offices, National Trading Centre, National Schemes Centre, eTrade Centre of Excellence and dedicated experts for specialist sectors.
We’re investing in new technology to make us even easier to trade with. We’re launching an online risk management resource supported by our in-house Risk Control Team and introduced online claims submissions to speed up the claims process, minimising disruption to clients’ businesses. We are also the only insurer two years running with a five-star rating for both TheHub and Software Houses, in the Insurance Times 2019 and 2020 eTrade survey.
We are dedicated to making UK enterprises more resilient.
NIG is a wholly owned subsidiary of Direct Line Insurance Group plc, providing stability and financial strength. Our policies are underwritten by U K Insurance Limited.