iprism launches new e-trade Excess of Loss offering to brokers

iprism, the specialist commercial, property, tradesman and high net worth MGA has launched a new excess of loss product to meet demand from brokers for an e-traded solution.

The new product covers a wide range of business sectors, including wholesalers, manufacturers and construction. It’s available to brokers online via the MGA’s bespoke portal, allowing instant quote and bind cover for their SME clients, with excess layers of up to £5,000,000 across Public Liability and Public/Products Liability on either an annual or short-term basis.

Speaking about the new product, iprism’s Managing Director Ian Lloyd said: 

“We are committed to working with our brokers to develop innovative solutions that meet the needs of them and their clients. Finding and securing XOL cover is typically a very manual process, but our new product can be traded quickly and easily online via our broker portal. With the launch of this new product we hope to become the go-to place for excess of loss in the SME space.”