Insurtech MGA Qlaims has announced some further enhancements to its commercial lines claims assistance services. These changes will make the MGA’s Qlaims Insurance for Businesses easier to add to commercial property insurances and with a wider scope, now offering support for clients through new subsidence claims.
These enhancements are aimed at supporting brokers with consumer duty through easier access for cover and less overall barriers. The Qlaims Insurance for Business also provides additional value-add cover, in addition to providing clients with their own claims specialist to prepare and manage their claims for property damage and business interruption above a certain threshold.
The changes will also apply to Qlaims’ home product, which was updated in July, and with a new more competitive rating. It also comes with the partnership with Prestige Underwriting, a collaboration that will provide the latter’s 30,000 Coverall and Thatch clients with Qlaims Insurance as a part of the updated policy wording being launched this month.
“These changes are a key part of our strategy to make this cover more accessible to clients,” said Qlaims CEO Liz Latter (pictured). “The cover must be simple to attach to underlying insurances, without additional barriers around risk or client eligibility.
“Acting on feedback from our brokers we have now also included cover for new subsidence claims; and widened our geographical footprint to risks based in Northern Ireland. To enable brokers to add Qlaims Insurance easily, we understand the cover needs to be price competitive and wide, to complement the underlying policy,” she said.
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