Customers will now have access to Smart Home - a policy targeting the emerging wealth market
Berkeley Alexander has added Azur Underwriting to its panel of mid-net-worth (MNW) and high-net-worth (HNW) insurers.
Its customers now have access to Azur's Smart Home - a policy targeting the emerging wealth market. Subject to standard underwriting conditions, the policy is warranty free; it offers unlimited contents, blanket buildings and global all-risks cover and it also tackles emerging risks by automatically providing personal cyber cover.
Mark Hutchings, managing director of Berkeley Alexander, said: “I’m delighted to welcome Azur to the panel. We now have access to over 15 markets for MNW/HNW alone, with a range of different policy features, so brokers and advisers can grow with their clients and continue to meet their changing needs.
"We see emerging wealth customers as future HNW and as an opportunity to provide advice and service to a demographic that has traditionally been underserviced.
"We are working with mortgage brokers and advisers to help them open up and explore general insurance opportunities within this important client demographic.”
Patrick Cloughley, head of broker engagement at Azur Underwriting, added: “We are delighted to join the Berkeley Alexander fold.
"They are a general insurance provider with a solid reputation in the market for quality, choice and service.
"Our HNW products will give them and their broker partners a new competitive edge that offers insurance fit for the 21st century.”
