Unique bespoke APC offering is biggest launched to date

15th April 2009 - Commercial insurance underwriting specialist APC will launch its bespoke Tradesman product, which has over 2,500 cover variations to cater for over 80 trades, on 15^th April 2009.

The announcement heralds APC’s biggest launch to date due to the amount of detailed research and development invested, plus a further significant investment in APC’s QuoteMac to allow it to be hosted online.

The product is also unique as is it offers broader than standard cover - up to 10 manual workers with clerical workers in addition - where the industry standard averages between six and ten in total. It also caters for the strong broker demand to be able to obtain liability cover and contractors all risks cover under a single policy, which often needs to be sourced separately.

Due to the IT upgrade brokers can obtain quotes, even for complex cases, within minutes. This process has been further simplified for brokers as APC has created a streamlined statement of fact, meaning they are only required to fill in three screen size pages.

This product has also been enhanced for flexibility with tradesmen that undertake more than one activity i.e. if a broker has a client that generates business from three different types of work, they can still obtain a quotation without any referral directly through QuoteMac.

The system also has a safety feature to help businesses avoid operating without insurances that are legally required, such as employer’s liability where applicable.

APC director Ian Russell said: “This is easily our biggest launch to date on account of the sheer effort that has gone into its development - that plus the infrastructure changes we have made to ensure it operates smoothly.

He added: “We are obviously proud of what has been achieved but particularly in an era when insurers are looking closely at the value MGAs can offer. To get into a product offering in this level of detail is all part of delivering what the broker wants in one place and quickly but also, this ensures our capacity providers achieve the underwriting results they require.”