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 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.