Cavere Intermediary and Ageas Collaborate to Launch New Home Insurance Policy
Cavere Intermediary, the technology driven GI Provider backed by some of the UK’s leading A-rated insurance brands, is delighted to announce that from June 2019 intermediaries will be able to access its upgraded Home Insurance Policy underwritten by Ageas Insurance Ltd. Unlike standard policies, with common wordings, typically offered by GI provider panels, this policy has been designed to provide the very best and most comprehensive insurance, with higher cover levels and claim limits, at a competitive premium.
As part of Cavere Intermediary’s ongoing commitment to improve its products and services, this new home insurance policy delivers some major changes to its current Ageas product. Already a Defaqto 5 star rated product, the upgrade reflects both Cavere and Ageas’s desire to go above and beyond to deliver the very best in terms of service, quality and value. Likewise, in an effort to set the benchmark for policy wording standards, it’s been redefined using market leading research techniques making it simple to read and understand – setting a new standard in clarity and quality.
Unlike some home insurance policies currently available in the market Cavere Intermediary offers:
- Maximum claim limit for contents of £100,000
- 60 days un-occupancy cover as opposed to the standard of 30
- Cover for valuables within the home increased to 30%
- Maximum item limit for amount for contents in the open of £500
- The maximum claim amount for garden cover has increased to £1,500
- Bicycle cover up to £1,000 or if specified up to £2,500 per bike to a max of £20,000
Speaking about the launch Paul Thompson, Managing Director at Cavere Intermediary, commented: “We are delighted to bring this product to market in partnership with Ageas. Like us, Ageas have always taken a strong leading position when it comes to delivering the highest possible levels of comprehensive home insurance cover, at a competitive price and in a way that sets the bar for policy treating customers fairly. We believe that getting right first time solutions for each customer and their individual needs and risks requires an innovative approach – this product ensures the best possible value for money when compared with standard offerings offered by GI panels.”
He continues: “This is an example of what can be achieved by having a truly Insurtech approach. Using our proprietary Magenta technology we have a deeper understanding of customer needs, and can deliver significant money saving efficiencies which help to ensure quality cover at a price point that makes sense – as it stands today most of our competitors fall short on offering the levels of cover we are now delivering.”
Chris Dobson, Distribution and Development Director likewise commented: “Ageas have been extremely impressed with the speed, agility and expertise that Cavere have demonstrated when developing this upgraded Household product. Cavere’s attention to detail and long-term focus will be reassuring for any of its broad range of customers.”
Launched in January 2019, Cavere Intermediary provides brokers and intermediaries with premium General Insurance (GI) products. Its product range currently includes home insurance, landlords’ and tenants’ insurance, personal accident, travel and non-standard insurance cover.
For further information please contact:
Kelly Prior at Spotlight Consulting: firstname.lastname@example.org or 07730 572878
About Cavere Intermediary
Cavere Intermediary, part of the Cavere Group and trading style of Cavere Ltd, provides a range of wholesale General Insurance products for Brokers and Intermediaries. All Cavere Intermediary policies are highly rated and backed by leading insurers.
Cavere Intermediary leads through technology innovation, and championing creative ideas and solutions that enable its partners to differentiate their proposition in the marketplace.
Based in York, Cavere Intermediary is authorised and regulated by the Financial Conduct Authority.