Zurich UK and MGA Plum Underwriting plan to offer residential building policies in the United Kingdom in the future. For this, both companies have sealed a five-year cooperation. The insurer is replacing Lloyd’s of London.
In the future, both partners want to offer policies for special properties and digital products. “Their longstanding reputation and expertise in the specialty real estate market are clear and we look forward to working with the Plum team to profitably expand this portfolio and further deepen our relationship with the broader GFK Group,” commented Phil Ost, Head of Personal Lines at Zurich.
“This partnership with Zurich confirms our commitment to offer brokers and their customers sustainable, high-quality insurance products. The five-year contract recognizes the importance of long-term stability and how the combination with a technology-oriented strategy brings measurable benefits for Plum and our brokers ”, added David Whitaker, Managing Director of Plum Underwriting.
Author: VW editorial team
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