How to trade more business with Property Protector

Our 3 essential tips for Writing Business
We understand that the world of property insurance can be complex and not every risk fits into a neat box. That’s why we’ve compiled three valuable tips to help you navigate the insurance landscape effectively…

1. Understanding ideal risks
At Property Protector, we’ve spent years collaborating with insurers and underwriters to create a wide-ranging underwriting acceptance framework. However, the diversity of property insurance means we can’t accommodate every risk we encounter. To make this process smoother for you, we’ve crafted an “Ideal Risks” leaflet that you can find on our website Ideal-Risks-Brochure This resource provides insights into the types of risks we aim to place and those we can’t. It’s designed to save your time and ours while setting clear expectations.

Consider Property Protector if you’ve faced challenges with online quote and buy systems, encountered high terms, or have difficult-to-place risks such as unoccupied properties, portfolio risks, or those with total sums insured up to £10 million.

We regularly review our schemes and partner with four trusted insurers, each with unique underwriting criteria, target markets, niches, and coverage options.

2. Risk assessment expertise
Our expertise extends beyond just numbers. It includes evaluating factors like location, property condition and security measures. Property Protector’s experienced underwriters conduct meticulous assessments, leveraging their extensive knowledge in property and insurance. Unlike automated systems, we pay attention to detail, adding significant value to your insurance process.

Details such as the trade, construction specifics, including panels and roof construction, and occupants’ information are vital for securing better terms. If needed, our underwriters may request further details, as their goal is to help you secure the right coverage.

We have direct access to high-level insurer underwriters, technical experts and surveyors, allowing us to place quality risks effectively.

3. Customised coverage
With access to four insurer delegated authority schemes, our underwriters scour these options to find the most appropriate terms for your client. While one quote may be returned to the broker, this thorough examination ensures that we tailor the coverage to your needs.

Insurers now require the “actual” rental income on commercial properties, which should be included in your presentations. Additionally, specify the required indemnity period, whether it’s 12, 24, or 36 months.

All our Property Protector policies include landlords’ legal expenses as standard, with the option to extend residential coverage to include Property Emergency Solutions.

We also offer a specialised terrorism product as an optional add-on policy. The advantage is that we can offer terrorism coverage selectively, whether for single properties or a portfolio, providing wider coverage and a more defined terrorism definition.

Don’t hesitate to ask for a quotation alongside your property owner’s quote. At Property Protector, we’re committed to providing you with comprehensive, tailored insurance solutions that meet your unique needs.

Connect with us today to explore how we can safeguard your property investments with ideal insurance coverage NewBusiness@propertyprotector.co.uk or contact Business Development Underwriter beth@propertyprotector.co.uk or call 0115 957 4785.
www.propertyprotector.co.uk