New 5-year, £40m GWP deal...

We’re excited to be partnering up with PIB Group, supporting the writing of over £40m GWP of Tenant Risks schemes across the next five years.

Commencing 1 November 2020, the agreement sees us take over the underwriting. The scheme offers bespoke cover, with wide acceptance criteria and flexible payment options for social housing tenants across England, Scotland and Wales.

In handling claims, we’ll be drawing on our expertise in this sector, recognising and supporting a wide range of customers across the UK.

Our Director of Distribution, Mark Auchterlonie said, “One of the most fundamental principles of insurance is to ensure that anyone who wants to protect themselves is able to do so. We therefore welcome this opportunity to partner with PIB and, in the process, broaden our continued commitment to profitable growth in the broker market.”

Bernard Mageean, CEO, PIB Schemes and Affinity from PIB Group said, “We have offered this insurance product for over 30 years and it is highly valued by the 100,000 tenants who have this cover and the local authorities and housing associations we work with. We are delighted to partner with Ageas and look forward to the opportunity to offer an improved product and service to current and future customers.”