BIBA Appoints Iprism as High Value Home Insurance Scheme Provider
The British Insurance Brokers’ Association (BIBA) has selected Iprism as the provider for its High Value Home Insurance Scheme.
With a growing number of policyholders moving into the High Net Worth (HNW) category, there is increasing demand for insurance cover that extends beyond standard home and contents policies. Iprism offers one of the most comprehensive high value home insurance policies on the market. It includes generous single article limits for jewellery, watches, art, and antiques, and also provides protection for identity theft, home emergency, and alternative accommodation for up to five years.
BIBA members can access the scheme through a dedicated webpage or via Iprism’s broker portal. The scheme is supported by Iprism’s A-rated, UK-domiciled capacity.
Mike Hallam, BIBA Head of Technical Services, commented:
“We are delighted to have brought on board this scheme with Iprism. Managing the insurance requirements of high net worth individuals is important for both personal lines and commercial brokers alike. Having the opportunity to access a quality scheme for their customers helps demonstrate the value their services offer.”
Ian Lloyd, CEO of Iprism, added:
“We’ve invested in building a team of highly skilled underwriters, committed to supporting our broker partners and their high net worth clients. Through this new scheme, we’re proud to bring our offering to BIBA’s members and provide them with the speedy service, quality product, and technical underwriting expertise Iprism has become renowned for.”
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