Gaining a competitive edge in the property insurance market has been made easier for brokers with the launch of a new guide from Norwich Union.
Gaining a competitive edge in the property insurance market has been made easier for brokers with the launch of a new guide from Norwich Union.
"Property Owners: Developing the Portfolio" provides a comprehensive overview of the sector and current market conditions, aimed at helping intermediaries identify new business opportunities and provide risk management advice.
Mervyn Harris, product manager for property owners at Norwich Union explains: "The property owners' guide is one of a series of market-focused information tools produced to help intermediaries gain an in-depth understanding of key sectors, the latest being for the property owners' market.
"The property owners' insurance sector is a large and diverse part of the UK economy. There are many factors which influence and drive the segment, and understanding them and their implications can offer great potential for identifying lucrative business opportunities.
"There is also a summary of the key elements of our cover to help intermediaries use the Norwich Union product set to maximum effect."
In addition to the property owners' product range, Norwich Union has a specialist team of industry experts and a large network of underwriters experienced in property owners' risks. The risks can be as diverse as an individual owner with a single property, to a business with many hundreds of tenanted properties in their ownership.
All customers can access Norwich Union's risk helpline, legal and tax helpline, 24-hour claims service and preferred suppliers discount scheme. Visit www.norwichunion.com or contact Mervyn Harris at Norwich Union on telephone 020 7817 6102.
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For further information, please contact:
Clare Schofield at Staniforth on 0161 274 0100 or David Ross at Norwich Union on 01603 682730/07800 699665.
Notes to editors:
Norwich Union Insurance
- Norwich Union is the UK's largest insurer with a market share of around 13 per cent
- With a focus on insurance for individuals and small businesses, Norwich Union insures:
- one in five households
- one in seven motor vehicles
- more than 800,000 businesses - Norwich Union products are available through a variety of distribution channels including brokers, corporate partners such as banks and building societies and Norwich Union Direct.
- Authorised and regulated by the Financial Services Authority.
- Members of the Aviva group.