Broker is generating £1m GWP from non-standard cover
Keelan Westall has created a specialist broking team for non-standard commercial and residential property business.
Risks covered by the new team include commercial office buildings, retail shops, industrial sites, recycling facilities, government buildings and embassies.
Keelan Westall’s Agility scheme will provide cover for unoccupied properties, non-standard construction, holiday homes, single flats and bedsits as well as more obscure risks such as religious buildings, buildings under refurbishment and properties with a high loss ratio.
The new team is being led by Tom Wilson and Chris Mead. Wilson will be responsible for commercial combined, while Mead will take charge of Agility.
The broker launched its non-standard product offering two years ago and is now generating almost £1m of gross written premium from non-standard cover.
Keelan Westall managing director Wayne Tonge said: “We have seen a rapid rise in the number of brokers approaching us with non-standard property risks over the past two years. More and more people are being refused insurance because they are considered non-standard and do not fit into increasingly stringent underwriting criteria.
“In recognition of the significant growth potential from non-standard clients and as part of our ‘making service memorable initiative’, the logical next step was to create a broking team dedicated to non-standard business.”
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