Covernet develops new online Multi Vehicle Product for Prestige Underwriting

Prestige Underwriting launches new Multi Vehicle Product for the GB market through their Covernet Portal

Covernet’s bespoke broker portal is the exclusive platform for the Prestige Multi Vehicle product, which is underwritten by Aviva. Rated on the number of drivers instead of number of vehicles, this product offers features and benefits that include SD&P excluding and including Commuting, Class 1 Maximum of 7 vehicles and Vehicle value up to £175,000.  They can also accommodate small van for SDP use only.

The product has been designed to ensure a smooth journey for the broker and provide Prestige with the tools they need to quickly and efficiently manage any risks that need additional underwriting.

As well as supporting their broker extranet and EDI distribution, Prestige Underwriting use the Covernet MGA software solution for policy administration, claims management, reporting, pricing, risk management and compliance.

This is not the first online multi-vehicle product Covernet have developed, with the team having experience working with a number of MGAs and insurers, to deliver personal line offerings for Family Fleet, Classic Car Owner and HNW Portfolio products - and also several complex commercial fleet offerings for both the UK and ROI market.

For more information please contact jim.campbell@cover.net