IIG tackles non-standard business for landlords
MGA claims that ‘vanilla’ products in the market are not delivering for the niche needs of brokers’ clients.
Incorporated Insurance Group (IIG) has launched a non-standard property owners insurance product for landlords.
According to the managing general agent (MGA) the growing amount of landlords in the country is coming with a demand to accept tenants with high risk trades and residents who are 'non-professionals'.
IIG added that while the market is awash with capacity for "vanilla" property risks brokers were finding "headaches" in sourcing insurance for risks sitting outside the parameters of many
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