ECIC launches SME property underwriting arm
The Electrical Contractors' Insurance Company (ECIC) has launched a new
underwriting arm, Facilitas, specialising in the Small
and Medium-sized Enterprise (SME) market.
The service is available exclusively via insurance brokers, through the
Facilitas internet-based cover and quotation system for
package insurance. This provides brokers with an exceptionally quick and easy
means of obtaining quotations, cover and policy documentation instantly from
their desks.
Facilitas focuses on providing wide policy cover for
businesses such as shops, bars, restaurants, take-away outlets, beauty salons,
guesthouses, small offices and commercial property owners of similar premises.
Cover automatically includes a wide-ranging legal expenses insurance, while home
contents cover is also available for many businesses where the insured lives on
the premises.
Martin Duffield, Facilitas Business Development Manager, said, "The
Facilitas offering is the result of extensive development effort
and considerable research among brokers. The web-based system can take the
broker from enquiry to completed policy documentation in minutes, and this ease
of use represents a real saving to brokers in terms of time, and therefore
handling costs. At the same time, the customer benefits from a comprehensive
insurance package at a competitive price."
Bill Adamson, Managing Director of ECIC, said, "We are delighted to have
acquired the Facilitas team, who bring considerable experience of the SME
sector. This represents a further diversification of the products offered by our
ECInsurance group. Facilitas
is uniquely fast, and is already in great demand from our broker partners. We
believe it is real winner."
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