The Electrical Contractors’ Insurance Company (ECIC) has launched a new underwriting arm, Facilitas, specialising in the Small and Medium-sized Enterprise (SME) market.
The Electrical Contractors’ Insurance Company (ECIC) is expanding its operations with the launch of a specialist underwriting division focusing on the Small and Medium-sized Enterprise (SME) market.
The service will be available exclusively via insurance brokers, through the Facilitas internet-based cover and quotation system for package insurance.
It focuses on providing policy cover for businesses such as shops, bars, restaurants, take-away outlets, beauty salons, guesthouses, small offices and commercial property owners of similar premises.
Martin Duffield, Facilitas business development manager, said: “The Facilitas offering is the result of extensive development effort and considerable research among brokers. The web-based system can take the broker from enquiry to completed policy documentation in minutes, and this ease of use represents a real saving to brokers in terms of time, and therefore handling costs.”
Bill Adamson, managing director of ECIC, added: “We are delighted to have acquired the Facilitas team, who bring considerable experience of the SME sector. This represents a further diversification of the products offered by our ECInsurance group. Facilitas is uniquely fast, and is already in great demand from our broker partners.”
