The most recent events and updates for iprism products, partners and business developments.

28th January 2019

iprism Announce New Board Appointments

Ian Lloyd, who has worked at iprism for almost seven years and most recently as Operations Manager, has now moved into the role of Managing Director. Throughout his time at iprism, Ian has been integral to the development of existing products and the implementation of new products, he has also grown and shaped the panel of rated insurers. Ian still remains very hands-on across the business and will, along with the board and our senior management team, be ensuring brokers continue to receive quality products from rated insurers.

Raj Bosamia has also joined our board as Technology Director. Raj has worked with iprism for over a year, helping develop the portal, responding to the needs of brokers. Raj leads iprism’s in-house Technology team to implement product updates and new technological developments, ensuring platforms are as efficient as possible for broker partners. Raj also manages iprism’s marketing and communications function, ensuring brokers hear about business developments ahead of the market.

Lastly, Gary Johnson has also joined the board as Underwriting Director. Gary has over 40 years’ experience in the insurance industry and has been a part of the iprism team for over 11 of those years. Gary will continue to work alongside iprism’s Technology and Underwriting teams, updating all external channels with product developments. Gary also works closely with the insurer panel and strives to bring new product offerings to iprism’s broker partners.

Find out more about the iprism team.

Board Changes

11th December 2018

Does your clients’ contents insurance cover their Christmas gifts?

Most of us love to splash the cash at Christmas.

Whether it’s a romantic getaway for a partner, or a bundle full of the latest gadgets for the kids, spending is at an all-year high in December, with the average household forking out just under £500 on gifts for their loved ones.

But not everyone’s full of festive cheer at this time of year...

Find Out More

Christmas Contents Cover

4th December 2018

Folgate Insurance Company join iprism panel from January 2019

From Tuesday 1st January 2019 Folgate Insurance Company will be joining the iprism insurer panel. Initially Folgate will be underwriting Residential Property Owners, Commercial Property Owners and Excess of Loss.

About Folgate Insurance Company

Folgate Insurance Company Limited opened its doors for business in 1877 and during its 140 years of trade wrote some major personal and commercial lines. Folgate is a UK Insurance Company regulated by the Prudential Regulation Authority (PRA) and authorised by the Financial Conduct Authority (FCA).

Find Out More

Folgate Insurance Company

1st December 2018

iprism's Service Centre Christmas Opening Times

As we move towards the Christmas period, a time for merriment and goodwill, we wanted to say a huge thank you to our broker partners – it has been a pleasure doing business with you in 2018.

We also wanted to let our broker partners know when the iprism service centre will be open and closed during the Christmas period.

Find Out More

Christmas Opening

15th November 2018

Southend-on-Sea named the best area for Buy to Let rental yields in the UK

Essex’s archetypal seaside town is enjoying a thriving Buy to Let market, according to new analysis from mortgage company Private Finance Ltd.

If this encouraging news has led your clients to consider investing in Southend’s rental market, remember to advise them that there’s more to becoming a Buy to Let landlord than simply finding a property that’s going to deliver a good ROI.

If an individual or a business chooses to rent out a property to tenants, it’s absolutely vital that they take out Residential Property Owners insurance.

As with all our insurance products, our Residential Property Owners insurance can be tailored to meet your client’s needs.

Find Out More

Buy To Let

21st September 2018

iprism Office Move Update

Today iprism have moved office from New Broad Street to Lower Thames Street, in order to be in closer proximity to Lloyds and our insurer partners.

Our registered office address now is 4th Floor, 10 Lower Thames Street, London, EC3R 6AF.

We look forward to inviting our insurer and broker partners to the new office as soon as possible.

Lower Thames Street

13th September 2018

We're Moving Office

As part of our continued business development, iprism have taken the decision to move closer to our insurance partners. As a result, with effect from Monday 24th September 2018, our new offices will be located here:

4th Floor, 10 Lower Thames Street, London, EC3R 6AF

All of our telephone numbers including direct dial numbers and e-mail addresses will remain unchanged. Please update your records accordingly with our new address.

Lower Thames Street

1st August 2018

Aviva join additional iprism product lines

iprism are excited to announce that Aviva will be joining seven additional product lines on the 1st August 2018.

In addition to iprism’s Tradesman product, Aviva will now write business on the Retail, Pubs & Restaurants, Office, Surgery, Hotels, Residential Property Owners and Commercial Property Owners products.

Steve Edwards, Schemes Manager UKGI for Aviva says, "Aviva is delighted to have been selected by iprism to become involved in their wider commercial product range, which will be a real enhancement to the Tradesman product we are already involved with. Aviva’s wider involvement starts on 1 August 2018 for both renewals and new business and we’re really looking forward to working closely with the team at iprism".

Gary Johnson, Senior Underwriter for iprism says, "As one of the UK’s largest insurers, it’s great that iprism have been able to work closely with Aviva and bring them onto our panel of insurers. This partnership demonstrates how committed Aviva are to the sector, and their belief that iprism is the organisation to partner with for mutual business growth".

iprism brokers can now receive quotes from Aviva across a variety of products. To find out more, click here.


12th July 2018

iprism Announce New Capacity for Commercial Combined

iprism’s Commercial Combined product is the first of its kind, now combining capacity from Faraday and Tokio Marine HCC covering Material Damage and Liability/Contract Works, respectively.

iprism are able to cater for a wide variety of trades such as, but not limited to, Wholesalers, Manufacturers and Engineers, and their specialist team of underwriters can provide bespoke, flexible solutions, allowing their brokers to benefit from instant, in-house decisions.

Click here to find out more about Commercial Combined.

Commercial Combined

29th June 2018

iprism’s New Excess of Loss Function for Tradesman now live

iprism build bespoke XoL function following broker feedback

Following a period of broker feedback and analysis of current processes, iprism concluded that many brokers have been experiencing a higher demand for £10 Million Public Liability cover and are struggling to get the cover for the client at a reasonable premium, especially when it is a small company.

As a direct response, iprism have built a bespoke Excess of Loss function into our existing simple and straightforward Tradesman question set.

This development won’t mean additional questions, but it does mean that our brokers can now quote the following limits of indemnity £1m, £2m, £5m or £10m Public Liability directly on our portal and obtain a quote instantly.

The Excess of Loss is provided by Tokio Marine Kiln Insurance Ltd – the clients schedule will clearly show which insurer is indemnifying the client and for how much.

Get a quote for your client today. Log into iprism by clicking here.

Excess of Loss

27th June 2018

iprism make donation to Great Ormond Street Hospital Children’s Charity following broker survey

iprism recently conducted a survey to gather brokers’ thoughts and opinions about the pro’s and con’s when using our online portal to quote.

Thank you to everyone who participated. As a result of your involvement, iprism are happy to announce that we will be donating £390 to our charity of the year, Great Ormond Street.

Click here to keep updated on iprism’s partnership with GOSH

Great Ormond Street Hospital

26th June 2018

iprism Choose Great Ormond Street Hospital Children’s Charity as Charity of the Year

iprism is proud to have selected GOSH at its Charity of the Year for 2018/19. Great Ormond Street Hospital charity funds research into pioneering new treatments for children, provides the most up to date medical equipment, funds support services for children and their families and supports the essential rebuilding and refurbishment of the hospital. Employees will take on a number of challenges this year in order to raise vital money and awareness for the charity.

Click here to keep updated on iprism's fundraising activities

Great Ormond Street Hospital

1st February 2018

Win an Apple iPad

Throughout February iprism Underwriting Agency are offering Brokers the opportunity to win a brand new Apple iPad.

Our House & Home Excel product, aimed at Mid/High Net Worth Individuals, is uniquely available via our market-leading web portal; allowing for instant quote and buy and e-fulfilment of policy documentation, and because we believe in our portal so much, we want to offer our Broker partners the opportunity of winning an Apple iPad, just for using it.

For information on how to enter the promotion please contact your iprism Underwriting Agency Business Development Manager. For full terms and conditions clicking here.

5th January 2018

iprism launch new Personal Accident cover

iprism are launching a brand new stand-alone Personal Accident cover provided by Markel International Insurance Company Limited.

This market-leading insurance provides cover for all participants 24 hours a day and is available for both individuals and groups, and for those up to the age of 70.

Markel International Insurance Company Limited, a specialist online insurer and ‘A’ rated capacity, will be offering 20% premium discount as a special launch incentive on each policy until 31st March 2018, exclusively with iprism.

To find out more and to get a quote log into iprism by clicking here.

Personal Accident cover

6th November 2017

iprism join the Managing General Agents' Association (MGAA)

iprism are pleased to announce that they have joined the MGAA.

The MGAA was founded in 2011 as an association providing support and promotion to the 300 or so Managing General Agents responsible for underwriting around £47 billion of general insurance premiums across the UK.

In addition to vital promotion support the MGAA also delivers real value to MGAs through tackling and delivering training and education, insurer audit and binder agreements.

The MGAA believe that MGAs deserve specific representation to lobby on their behalf, communicate their considerable benefits and drive best practice and it is because of these values that iprism are so thrilled to be a part of this community.

To hear more about the impact the MGAA will have on iprism, please contact your Business Development Manager.


4th September 2017

iprism announces updates to Tradesman and Contractors insurance

iprism’s highly competitive Tradesman and Contractors policy is backed by panel of 'A' rated insurers, with the recent, significant addition of Tokio Marine HCC.

iprism appreciate that every trade is different so can tailor cover to give customers the confidence they need when they’re out working.

This highly flexible product is now able to offer:

  • Single policy wording, allowing true comparison and TCF compliance
  • Work limits of up to 30m height and depths of 5m available on referral
  • Up to £1m contract works, £100k plant and £10k tools (per employee)
  • Cover for risks where labour payments are 100% to BFSC
  • The ability to accept work in higher risk locations such as airports and railways

Get a quote for your client today. Log into iprism by clicking here.

Diamond ring on a blue background

25th April 2017

Major High Net Worth policy upgrades include increased single article limits and legal cover

In response to customer feedback, iprism are delighted to announce exciting new upgrades to the cover provided on our High Net Worth Household product Excel, including doubling Legal Protection Insurance to £100,000.

We’ve listened to what our customers want, and now all new and renewal quotations now include:

  • Increased single article limit for Valuables (Jewellery, precious stones, watches, furs and guns) from £7,500 to £15,000
  • Increased single article limit for Arts & Antiques from £15,000 to £25,000
  • Increased Legal Protection Insurance from £50,000 to £100,000
  • Increased Home Emergency cover from £500 to £1,000

Our extensive cover includes:

  • Worldwide All Risks cover
  • No locks or alarm security conditions
  • Legal protection and Home emergency
  • Damage caused by domestic pets
  • Trace and Access cover up to £50,000
  • £5,000 money cover, increased to £10,000 in a safe
  • Cover for the property of guests and domestic employees
  • Cover in outbuildings insured without limit up to the contents sum insured
  • Trauma cover following a violent crime at your home

John Lawton, chief executive of iprism, said: "Our empowered underwriting team are available to answer your HNW cover queries and can make underwriting decisions within minutes allowing you a quick turnaround on urgent quotes."

Get a quote for your client today. Log into iprism by clicking here.

Diamond ring on a blue background

13th March 2017

iprism announce reduced premiums for Shop business

iprism announced premium reductions have been applied to the iprism Retail Shop product to assist our partner brokers in an increasingly competitive environment.

After a thorough review of the product; we are pleased to release our new Shop pricing structure, with additional discounts widely available.

With a panel of rated capacity underpinning our quotations the iprism portal continues to be a compelling place to obtain your Retail/Shop quotations.

iprism provides value for money and we know it’s not all about price. Additional benefits of using the portal include:

  • Single Policy Wording
  • Easy and simply question set – complete once for a purely premium based market comparison
  • Friendly London based underwriting team ready to help
  • Competitive Commission
Icon for retailers insurance

21st February 2017

Major improvements to Residential Property Owners policy

Following valuable feedback from our brokers iprism have made some important changes to our Residential Property Owners product.

Accidental Damage cover is now optional – this enables you to tailor your iprism quotation to your clients need. Quotations are up to 30% cheaper when Accidental Damage cover is not required.

John Lawton, chief executive of iprism, said: “We’re constantly monitoring feedback from our brokers. Responding to this, the iprism Residential Property Owners product now includes tenant eviction cover as standard; this is found under the Legal Expenses section.”

Residential Property Owner’s Product highlights:

  • Ability to quote on Unoccupied properties and Holiday Homes
  • Automatic inclusion of Malicious Damage by Tenants on Residential Property
  • Legal Expenses Cover can be extended to include Rent Guarantee
  • ‘Quote & Buy’ facilities for up to 10 properties via the portal, up to 60 properties on referral
  • Wide variety of tenancy types available for selection
  • Property Owners Liability of up to £5M available – up to £10M on referral
  • Facility to add Employers Liability for caretakers & maintenance staff
  • Instant comparison of the market on iprism’s single policy wordings

John added: “Together, these improvements create an even more compelling reason for you to use the iprism portal for your Property Owner clients.”

Get a quote for your client today. Log into iprism by clicking here.

Icon for residential property

13th February 2017

iprism extends Commercial Property Owners offering

iprism have announced a significant extension to their Commercial property Owners policy.

The iprism offer now includes the ability to accept properties which are occupied by manufacturing, storage and distribution businesses in addition to residential, retail and office use.

In addition to this unoccupied risks can be accommodated as well!

iprism have developed a 100% rated panel for all their products and this new footprint is supported initially by APC APC Underwriting was founded in 1993 and is recognised as being one of the UK market leaders in underwriting SME Commercial & Liability business. APC employ highly experienced staff dealing with over 1000 brokers throughout the UK.

APC is a traditional MGA based in the City of London with extensive knowledge and experience in UK Commercial and Liability business supported by comprehensive binding authorities from well established 'A' rated insurers. APC policies are underwritten by Tokio Marine Group.

Benefits include:

  • Wide trade acceptance footprint
  • Single Policy Wording enabling true comparison of premiums
  • Optional Accidental Damage cover
  • Excellent core cover
  • Competitive Pricing and Commission
Commercial Property

9th January 2017

iprism announces 100% rated panel with the addition of 4 new Insurers

All iprism products are now supported by rated Insurers.

iprism have announced the addition of 4 Insurers to their panels. All iprism products are now supported by rated Insurers and the new additions of Legal and General, China Taiping, APC and QIC Europe Ltd. are a significant development in the iprism offering to brokers.

QIC Europe Ltd (QEL)

QEL was established in November 2014 by Qatar Insurance Company (QIC) Group. QIC, founded in 1964, is a leading publicly-listed composite insurer at the Qatar Exchange with a market capitalisation of USD 4bn (as at 31 December 2014).

QEL enjoys an A financial rating from both Standard & Poor’s and A.M. Best Europe.

QEL are participating on the iprism Tradesman, Commercial Combined, Shop, Property Owners and Office and Surgery panels.

Legal & General

The Legal & General Group, established in 1836, is one of the UK’s leading financial services companies. As at 31 December 2015, the total value of assets across the group was £746.1 billion, including derivative assets. We also had over nine million customers in the UK for our life assurance, pensions, investments and general insurance plans.

Legal & General have joined the iprism Residential Property Owners Panel.

China Taiping

China Taiping Insurance (UK) Company Limited, formerly known as China Insurance Company (UK) Ltd, received its trading license in 1983 and officially opened for business in London on 1 October 1985. The company is a member of the British Insurers Association, and is Authorised by the Prudential Regulation Authority and Regulated by both the Financial Conduct Authority and Prudential Regulation Authority in the UK to underwrite general insurance.

As a wholly owned subsidiary of China Taiping Insurance Group and the only Chinese state-owned insurer in Europe, China Taiping Insurance (UK) Company Limited, abbreviated as China Taiping (UK), is the gold standard for insurance providers.

China Taiping have joined the iprism Commercial Combined panel and plan to join other panels in the future as products are developed.


APC Underwriting was founded in 1993 and is recognised as being one of the UK market leaders in underwriting SME Commercial & Liability business. APC employ highly experienced staff dealing with over 1000 brokers throughout the UK.

APC is a traditional MGA based in the City of London with extensive knowledge and experience in UK Commercial and Liability business supported by comprehensive binding authorities from well established 'A' rated insurers. APC policies are underwritten by Tokio Marine Group.

APC have joined the iprism Residential and Commercial property Owners panels.

Logos of QEL Europe, China Taiping, APC Underwriting and Legal & General.

14th December 2016

QIC (Europe) Ltd (QEL) join the iprism panel

iprism continue to develop their panels with 100% rated Insurers with the addition of A rated QIC (Europe) Ltd.

QIC Europe Limited (QEL) join the iprism panels with effect from 16th December 2016.

QEL was established in November 2014 by Qatar Insurance Company (QIC) Group. QIC, founded in 1964, is a leading publicly-listed composite insurer at the Qatar Exchange with a market capitalisation of USD 4bn (as at 31 December 2014).

QEL enjoys an A financial rating from both Standard & Poor’s and A.M. Best Europe.

QEL focuses on sustainable and profitable growth and constancy of business partnerships founded upon a strong financial position and acknowledged technical expertise. As an EU based subsidiary QEL is authorised and regulated by Malta Financial Services Authority and aspires to become a leading Malta based European insurer.

QEL delivers excellent insurer capacity for you reinforcing iprism as the broker’s preferred choice.

What this means for our Broker partners.

QEL quotations will be available on the iprism portal for new business and renewals effective on or after the16th December 2016. QEL are participating on the iprism Tradesman, Commercial Combined, Shop, Property Owners and Office and Surgery panels.

The standard Broker commission payable on QEL new business and renewal quotations is 20% (except for our Restaurant, Public House and Wine Bar product where the standard broker commission is 15%).

QEL (Europe) Limited logo

6th June 2014

Announcing the addition of AXA to the iprism High Net Worth Panel

We are pleased to announce the addition of AXA to the iprism High Net Worth Panel. AXA will play an important role in our portfolio offering, by specialising in quotes for high value property and contents up to £5m total sum insured.

What this update means for iprism and for you.

Having a prestigious insurer such as AXA on the High Net Worth Panel, alongside Ageas, Gable and Covea, means that we can:

  • Offer a much greater choice for you and your customers
  • Quote up to £5m total sum insured online
  • Quote higher total sum insureds, on referral to our team

About AXA

AXA S.A. is a French global investment, retirement, and insurance group with its Head Office in the 8th arrondissment of Paris. AXA is a conglomerate of independently run businesses, operated according to the laws and regulations of many different countries. The AXA group of companies engage in life, health and other forms of insurance, as well as investment management. The group operates primarily in Western Europe, North America, the Asia Pacific region, and the Middle East.

In the UK AXA trade as part of the AXA Group, a worldwide leader in financial services with over 160,000 employees and 102 million customers. AXA trades in the United Kingdom as AXA Sun Life, AXA Insurance, AXA Investment Managers, AXA Wealth and AXA PPP Healthcare.

AXA Business Insurance sponsored the first Youth Enterprise Live event which was hosted at Earls Court in London in October 2012. Youth Enterprise Live and AXA Business Insurance created an interactive event to help young people on their way to employment.

AXA are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. AXA’s S&P rating is A+/Stable, Moodys is Aa3/Negative and Fitch is AA-/Negative

Your Business Development Manager and the team at iprism are on hand, as always, to assist you with overturning any online referrals. We can also adjust pricing if required, to help you secure increased business.

Find out more about AXA and the benefits available to you and your customers – Login and get a quotation today.

AXA logo

24th November 2014

iprism re-launch stand-alone Terrorism product

Launch in partnership with Arch.

Since the IRA bombing campaign in the 1990s (the St. Mary Axe, Bishopsgate and Canary Wharf bombs, in particular) cover for losses arising from acts of terrorism has been excluded from UK commercial insurance policies.

As is often the case following exclusions like this, a market opened up for purchasing cover against the risk of terrorism with payment of an additional premium. Such premiums are paid to a separate insurance carrier (Pool Re, for example), which are set up to provide cover specifically for the consequences of a terrorist attack.

As the years have passed, alternatives to Pool Re have sprung up; although each solution has been linked to the insurer of the underlying risk. (An AXA terrorism extension would only be available on an AXA insurance policy, for example.)

In addition, the rate of commission allowable for terrorism insurance has always been different to the rate applied to the underlying policy, which typically ranges from 2.5 to 5% – although rates of up to 10% are now available for terrorism cover in the market.

iprism’s stand-alone terrorism product is provided by Arch Insurance Company (Europe) a market leading insurer and specialty lines business based in London. Arch Insurance Company (Europe) is backed by Arch Capital Group Ltd, a Bermudan based company established in 2001. The iprism/Arch partnership gives brokers the ability to offer terrorism cover, often with significantly lower premiums and greater policy flexibility. Our terrorism product provides:

  • Ability to include multiple premises
  • Range of different cover options
  • Business Interruption limit of £5m
  • Total sum insured on Contents limited to £5m
  • Available for risks with turnover of up to £10m
  • Available across a wide range of insurance products

What’s more, with iprism’s stand-alone terrorism product, brokers can now earn a significantly higher commission from terrorism cover.

Icon for terrorism insurance

6th December 2014

Announcing the launch of Commercial Combined

iprism now offer Commercial Combined with an extensive range of cover options, which helps brokers tailor cover to their clients’ real-world needs.

The new product, offers the following cover options:

  • Property (on “perils” or “AD” basis and with or without theft cover)
  • Business interruption (with multiple cover options – gross profit/ICOW/rent receivable and more), with declaration linked as an option
  • Goods in transit (with various transit options – own vehicles/courier/haulier)
  • Liability (EL/PL/PL & PL/Prods) declaration basis is available. £10m PL is available in certain circumstances
  • Contract works
  • All risks – specified items
  • Money, including assault
  • Equipment breakdown
  • Commercial legal expenses

iprism offers terrorism cover via its stand-alone terrorism product, which is provided through the Catlin Group.

Quotes for “high-hazard” activities and work in hazardous locations will not be available (for example, scrap metal dealers, waste and recycling handling, or work airside, in railway red zones or offshore. For more details, get in touch with the iprism team2.

Commercial Combined uses an online question set and referral process for rating by iprism’s London-based underwriters on a fully delegated basis across our panel. Once rated, the quote will then appear within iprism’s systems in exactly the same way as all other products – in terms of quote, policy and claims management.

Risk presentations are also acceptable; brokers simply need to provide the following details:

  • Expiring or renewal statement of fact, and
  • Expiring or renewal schedule or alternative quote schedule

The Commercial Combined product is currently only available to VIP Broker Club brokers. Talk to your business development manager about gaining exclusive access to this product.

filing cabinet drawer open with file labels

12th November 2013

HCC International join the iprism PI panel

We’re pleased to announce the addition of HCC International to the iprism Professional Indemnity Panel.

HCC International will specialise in providing quotes for the Miscellaneous and IT trades.

HCC International Insurance Company PLC.

HCC International Insurance Company PLC is a leading specialty insurer writing from offices in the UK, Spain and Ireland. With a philosophy based on underwriting profitability, they have successfully developed a book of niche products ranging from Professional Indemnity, Energy, Marine Hull, Credit and Surety, through to Film Production and Event Cancellation.

HCC International takes pride in exceeding customers" expectations and their claims service is efficient and fair.

HCC Insurance Holdings, Inc.

HCC has achieved an outstanding record of growth and profitability since its founding in 1974 through creative but careful underwriting, opportunistic expansion of existing lines of business and targeted acquisitions.

The company’s operations consist of highly rated life and property and casualty insurance companies. HCC’s major domestic and international insurance companies have a financial strength rating of AA (Very Strong) by Standard & Poor’s, AA (Very Strong) by Fitch Ratings, A1 (Good Security) by Moody’s Investors Service and A+ (Superior) by A.M. Best Company.

Find out more about HCC International and the benefits available to you and your customers – Login and get a Professional Indemnity quotation today.

Tokio Marine HCC International logo