In an effort to complement its existing mid and high net worth product range, Horizon (UW) Ltd has launched three new products.
The products have been designed to reflect the changing needs of mid-net worth and high-net worth clients in the face of what it states is increased demand for risks deemed beyond normal market appetite. A release states that they have been developed in consultation with brokers.
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So what are the products?
The first is Let, for rented HNW residential property, which is available on a standalone basis. Then there is Unoccupied for properties unoccupied for a variety of reasons; and Fortitude, for non-standard MNW & HNW risks.
“Due to the changing needs of residential property clients, Horizon has developed additional products offering bespoke, market-leading protection,” said Horizon founder and executive chairman Richard Pexton. “This timely launch signifies an important milestone in Horizon’s development, bringing further customer-centric products to market, backed by Lloyd's capacity with A+ rated financial security and a first class claims service.”
All products are available via Horizon’s team of underwriters or its proprietary broker click-and-buy platform, Dimension.
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