Broker-only specialty lines MGA Manchester Underwriting Management has announced a further enhancement of its product range for brokers with the launch of its D&O product, which will be available to all UK and Irish brokers with MUM facilities.
Offering Lloyd’s security, MUM’s new D&O product is designed to cover the vast majority of UK and Irish companies with turnover or assets of up to £500M although larger companies will be considered.
The MUM D&O policy includes extensions for corporate manslaughter, outside directorships, retired directors cover, new subsidiaries and much more as standard. The full policy wording and policy summary can be found on MUM’s website.
Charles Manchester commented:
“Times are tough for brokers so we are working even harder to make sure that they have the ammunition they need to compete in the market, with an up-to-date product that helps protect their clients in today’s difficult times.
Brokers can continue to expect the high levels of personal service that are the hallmark of our proposition at Manchester Underwriting, coupled with competitive premiums. We are targeting a growing market as most companies come to understand that D&O is a must have cover.
Expanding into more specialty lines was always part of our plan as we look to build on our solid foundations through delivering to brokers the products where we can add value with the service and flexibility that they absolutely need to compete.”
Source : MUM Press Release
