Berkeley Alexander signs commercial insurance deal with Mortgages for Business
General insurance provider, Berkeley Alexander, has agreed a two-year exclusive deal with commercial mortgage broker Mortgages for Business, to be its preferred provider of commercial and general insurance.
"We offer a broad range of mortgages, so we needed a provider with an extensive appetite and an established reputation for expertise in non-standard and landlords’ GI in particular."
Under the terms of the exclusive deal, Berkeley Alexander will provide brokers’ customers with commercial and general insurance for all property types, including standard and non-standard.
Steve Olejnik, managing director at Mortgages for Business, commented: “We’re delighted to announce this partnership with Berkeley Alexander. We offer a broad range of mortgages, so we needed a provider with an extensive appetite and an established reputation for expertise in non-standard and landlords’ GI in particular. They have one of the largest panels available on the market and this, together with their knowledge in the landlord insurance sector, makes them an obvious choice.”
Mark Hutchings, managing director at Berkeley Alexander, added: “We have a solid reputation for the strength of our insurer relationships which is never so important as during a hard market when premiums typically rise across most product lines. Providers like us with the expertise and knowledge of the risks involved can leverage those insurer relationships to ensure we get the most favourable terms available to us. Being able to combine efficient online distribution with the traditional approach of speaking directly to insurers ensures we get the right cover for even the most complex of risks.”
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