Midas joins forces with Berkeley Alexander
General insurance provider, Berkeley Alexander (BA), has today announced its partnership with Midas Underwriting, to add the Midas Jewel and Midas Crown household products to its online panel.
Midas Jewel offers blanket cover of £500,000 for Buildings Cover and £60,000 for Contents cover. Cover above these blanket limits is available on a specified sum insured basis. The product caters for those risks that do not meet standard household criteria, including buy to let, unoccupied properties, holiday lets, renovation projects, previous subsidence, for example. Midas Crown is offered on a specified sum insured basis and also casters for non standard risks, more bespoke cover is available under the Midas Crown product.
Under the terms of the agreement Midas will also be able to access Berkeley Alexander’s market leading panel of commercial and non-standard insurance.
Mark Hutchings, Managing Director of Berkeley Alexander, said: “I’m delighted to welcome Midas to the panel. Midas is an underwriter with long term delegated authority that speaks volumes about its reputation and quality underwriting. Through our panel, brokers have access to one of the widest choices of quality GI policies available anywhere in this sector of the market to suit every level of customer need and budget.”
Ant Sherlock, Head of Key Accounts at Midas, comments: “We’re delighted to be offering our non-standard household products via Berkeley Alexander. Like us they are wholly focussed on working in partnership with the broker market to provide flexibility and choice of quality niche products. We look forward to working closely to grow our book together.”