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.