Cox Insurance's guaranteeing and marketing services subsidiary, HML Marketing, has launched an excess of loss public liability policy.
The scheme will operate in conjunction with Ingham & Co (liabilities) and will be available exclusively to HML appointed brokers.
The policy will offer small and medium sized enterprises excess of loss public liability cover up to a maximum of £5m, said HML.
Minimum premium is £250, plus insurance premium tax, with commission varying between 10 and 15% depending on the risk.
HML marketing managing director Rodney Boot, said: “This is a specialist area of the market and, until this scheme, one which was out of reach both for many brokers and their customers.
“Now our agencies have an ideal opportunity to build on their relationships with small and medium sized commercial business by offering them value added service with competitively priced cover.”
HML provides marketing services to brokers, offering personal lines and small commercial schemes to appointed high street intermediaries.