Expanded appetite for digital Commercial Combined
To continue to stretch the capability of our digital Commercial Combined Insurance (CCI) product to help you place more complex risks online, we’ve made some changes on Fast Trade and Acturis eTrade.
The following enhancements are effective Monday 29 May 2023:
- Expanded North American exports appetite – to widen our appetite and risk acceptance on CCI – and to allow you to quote for more online - we’ve doubled the number of trades which allow exports to North America to include higher risk products.
- New Goods in Transit limit options – expanding the capability of the product, we’ve introduced new cover limit options for Sum Insured. Available for new business clients, you’ll now be able to select from £15,000, £20,000 and £25,000, in addition to the original £10,000 limit, for any one conveyance.
- New Legal Expenses limit options – To provide more flexibility, we’ve added new limit options for Legal Expenses. Available in addition to the current £500,000 limit, you’ll now have the option to select from £100,000 and £250,000*.
Log in to Fast Trade today to discover the changes to our digital CCI product.
Commercial Combined webinar – available on demand now
We recently hosted a webinar to go into more detail about our digital CCI proposition. Two of our senior underwriters, Carol Payne and Gillian Findlay, covered our appetite and underwriting approach, how we’re helping you to quote for more online, and some helpful hints and tips.
*Existing clients will remain at £500,000. You’ll be able to amend the limit, if required, from the first renewal after 29/05/2023.