Article date: 21 June 2005
Norwich Union has launched a refreshed engineering insuranceoffering to complement its existing segmented commercial productrange. Designed to provide comprehensive cover under one product,it will reduce administration and provide a more streamlinedservice for customers.
The engineering product is available through NorwichUnion’s specialist underwriting centres based in Basildon,Birmingham, Leeds and Glasgow. The centres provide teams of expertunderwriters and dedicated claims handlers dealing solely withengineering insurance.
Covers available as part of the engineering product are:computer, machinery damage, own and hired-in plant, contract worksmachinery, deterioration of stock, and engineering businessinterruption. In addition, engineering inspections can be providedand an online calculator, available via the ebroking website, willenable intermediaries to obtain indicative quotes for computercover.
Paul Sullivan, property manager at Norwich Union, commented:"Engineering cover is essential for modern business practice wherewe are becoming increasingly reliant on machinery and equipment. Ifit can’t function there can be serious impacts on the abilityto trade. Our new offering provides a complete insurance solutionto guard against most eventualities.
"All commercial business requires some kind of engineeringinsurance: If you are an office-based business computer cover isrequired and if working in industry, insurance for machinery andequipment is a necessity. As the UK’s largest insurance groupwe are using our expertise and knowledge to support our customersand provide the range of services they demand."
Further information regarding engineering insurance can be foundat www.norwichunion.com/e-broking.
For further information, please contact:
Clare Schofield at Staniforth on 0161 274 0100 or David Ross atNorwich Union on 01603 682730/07786 526350.
Notes to editors
Norwich Union Insurance
- Norwich Union is the UK's largest insurer with a market shareof around 13 per cent
- With a focus on insurance for individuals and smallbusinesses, Norwich Union insures:
- one in five households
- one in seven motor vehicles
- more than 800,000 businesses
- Norwich Union products are available through a variety ofdistribution channels including brokers, corporate partners suchas banks and building societies and Norwich Union Direct.