Daily Insurance Industry News
 
 
Daily Insurance Industry News
Sunday 21st of January 2018
July 27, 2011

Groupama expands “Exclusively” SME range

by Gill Montia

Story link: Groupama expands “Exclusively” SME range

Groupama Insurances has unveiled the latest addition to its specialist commercial product range, with the launch of Exclusively Security.

According to the insurer, the new product will create fresh opportunities for brokers targeting businesses in the security market, including manned security guarding, CCTV and alarm installation, and fire extinguisher supply and maintenance.

Groupama has plans to launch a number of “Exclusively” branded products in the coming months, with the range available for open market trading and offering commission of up to 30%.

The firm’s commercial lines director, Malcolm Smith, comments: “We have built a sound reputation for the quality of our underwriting expertise and one of our aims is to maximise this for the benefit of a wider broker audience.”

He adds: “We also recognise that ‘one size’ does not fit all in certain business sectors and this offers brokers a great sales opportunity.””

Exclusively Security provides cover follows: public and products liability with cover extensions for professional indemnity, wrongful arrest, loss of keys and financial loss.

Optional sections are available for employers liability, fidelity guarantee and money.

 

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