Ensurance UK launches Combined Construction Liability product
19 April 2018 Ensurance UK Limited, the niche construction and engineering MGA and Lloyd’s Coverholder, has launched a combined construction liability product, backed by Faraday Syndicate 435 at Lloyd’s. The new liability product extends Ensurance UK’s construction and engineering portfolio, which also includes contractors all risk, contractors plant and equipment, homebuild, contractors’ legal expenses and engineering inspection and insurance products. The combined liability product has £10m limits for employers liability and for public/products liability. The combined liability offering also caters for environmental impairment. In addition, Ensurance also provide a property and landowners’ liability product.
Ensurance UK CEO Tim James said: “Our goal is to provide a bespoke coverage capability to brokers for construction risk, making full use of the technical expertise we possess. In less than 18 months we’ve developed and brought a full suite of construction and engineering products to the UK market.
“I expect this rate of development to continue as we build on this expertise in the construction market and others in the near future.”
Faraday’s Employers and Public Liability Head Roger Nash added: “Faraday have chosen to work with Tim James and his team because of their reputation within the construction market, disciplined underwriting and the roadmap they have laid out for the future.”
Ensurance UK was launched in 2016 by Australian listed parent Ensurance Limited, which view the UK operation as a significant growth platform for the wider international group.
ENDS
For more information, contact:
Matt Beasley: mbeasley@fullcirclecomms.co.uk, 020 7264 7887
Alex Wise: awise@fullcirclecomms.co.uk, 020 7264 7887
Notes to Editors:
About Ensurance UK:
Ensurance UK is an independent and service-driven MGA, delivering underwriting expertise and specialist insurance solutions for the Construction and Engineering sectors, dealing directly with brokers and insurers in the UK and across Europe. Building on decades of experience within its UK-based executive team, Ensurance UK launched in 2017 as a wholly-owned subsidiary of Australian-based Ensurance Ltd.