Metro Bank enters insurance market with new SME proposition

There are seven distinct insurance products that enable businesses across 11 different industries to apply.

The seven products cater for residential and commercial property owners, tradespeople, professionals, shop and retail, office and surgery, manufacturing and wholesale (including hotel and leisure), and businesses from home.

Kat Robinson, director of customer experience at Metro Bank, commented: “This is a crucial step for Metro Bank, as we continue to deliver new products and services that appeal to our growing base of business customers and deliver on our strategy to become the UK’s best community bank. We’re thrilled to launch into the SME insurance market with Churchill Expert after what’s been a very difficult year for businesses across the country. This is just the first stepping stone in our insurance journey, with pet and travel insurance offerings to follow later this year.”

Ian Exworth, director at Direct Line Group, added: “We are happy and excited to launch our new Churchill Expert partnership with Metro Bank and look forward to bringing the very best in SME insurance to Metro Bank business customers. With new needs and requirements emanating from the pandemic-affected last 12 months, we look forward to working with Metro Bank to continue to develop our product suite to best fit the evolving needs of SMEs.”