London, 11th December 2013: Specialist household insurance provider Plum Underwriting has extended the reach of its HomeWorks product to cover landlords undertaking extensive building extension projects...
... to insure large domestic renovations and extensions in the Republic of Ireland, says Plum.
HomeWorks is the policy chosen by brokers throughout the UK who have homeowner clients who are renovating, refurbishing or extending their properties where the works are too extensive for standard home insurance.
Our commitment to supporting you, and to individually underwriting each enquiry we receive, has made us the market of choice for specialist home insurance for brokers throughout the UK.
At Plum we're committed to supporting UK brokers; to helping you win and retain profitable business. So when you told us that you wanted further cover options for unoccupied homes, we listened and we're pleased to announce that with immediate effect we've added two further levels of cover.
We're delighted to announce that our Amethyst, Flex and HomeWorks products are now available in Northern Ireland.
Specialist household insurance provider Plum Underwriting has relaunched its HomeWorks product to incorporate cover for the property owner's general contents in time for the start of the key spring building season.
It is estimated that approximately 5-10% of home insurance risks that would normally fit into the High Net Worth category are deemed to be too "non-standard" or "distressed" for the usual high net worth insurers to consider.
HomeWorks is our specialist product for your clients who are renovating, refurbishing or extending their homes where the building works are too extensive for the appetite of high net worth home insurers.
In contrast with the system driven, standard market insurers, we are actively seeking those larger, more difficult non-standard and specialist cases with a higher degree of risk and/or exposure. Plum Flex can cover sums insured of up to £10 million, so it can cater for the full spectrum of your clients struggling to obtain home insurance.
Outsourcing administration can ease the pressure on staff, allowing them to focus on the jobs they were hired to do.
Plum Underwriting has unveiled a new mid net worth home insurance product, "Amethyst", designed to help brokers retain existing clients within the home insurance niche.