Biba has relaunched its high net worth scheme ‘Executive Home' providing...
Biba has re-launched its high net worth scheme ‘Executive Home' providing greater cover.
The new product is the result of collaboration between Biba, Sterling Insurance and the Biba general membership.
New elements of cover include reinstatement of data (including business information), increased inner limits and new optional cover elements such as annual travel, second homes, overseas homes and pleasure craft.
Executive Home is now running on Sterling's new IT platform.
Graeme Trudgill, Biba manager, technical service, said:
"Sterling recognises the importance to the broker community of settling claims quickly, hence its high standards and process of issuing claims cheques within five days of agreement. Sterling is also a market leader in meeting contract certainty demands with its policy issue well within 10 days.”