Open GI Adds Arkel’s Landlord Product to Its SME Platform

The latest update from Open GI for you;
Open GI has strengthened its commercial proposition for brokers with the addition of Arkel’s new landlord product to its SME platform.
Premier Let joins Arkel’s Non-Standard Household product and Let Property scheme on Open GI’s panel. The new product includes landlords’ building insurance, loss of income, contents, and property owners’ liability up to £2 million and gives brokers access to A-rated capacity for non-standard risks such as atypical construction, occupancy, flood and subsidence risks.
Speaking about the launch, Ant Sherlock, Group Head of Distribution at Atec, Arkel’s parent company, said: “Arkel and Open GI have a great working relationship, and this latest opportunity confirms our appetite to continue to look for new ways to offer our products to brokers and end customers. We are keen to use this latest product launch to increase our Open GI broker distribution and ultimately continue to achieve our long-term growth aspirations.”
Nick Giddings, Director of Distribution & Partners at Open GI, added: “We are delighted to make Arkel’s new landlord product available to brokers on our SME platform. Arkel’s focus on non-standard risks gives brokers another strong option for hard-to-place risks and is an excellent addition to our panel.
“Arkel and Open GI have worked closely together for many years, and we look forward to exploring further product launches in the future.”
Premier Let has been designed to protect the assets and income of landlords through a suite of tailored cover including:
  • Building sum insured Up to £1m.
  • Contents sum insured up to £50,000.
  • Malicious damage and theft by tenant up to £5,000.
  • Accidental damage available for certain tenant types.
  • 30 days unoccupancy.
  • Alternative accommodation up to 20% of the building sum insured.
  • Property Owners Liability up to £2m.
This enhancement of Open GI’s suite of products follows the addition of Property Owner product from Covea, Prime SME Property Owners from Commercial Express, and Arkel’s Landlords Let Property product, in recent months.

About alastair walker 20225 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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