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Important Notice – Change of Insurance Carrier
From 1st January 2021 our carrier will be changing from AXIS to a consortium of insurers lead by HCC International Insurance Company plc (HCC) for the following products:
  • Landlord Insurance
  • Unoccupied Property Insurance
  • Commercial Property Insurance
  • UK Holiday Home Insurance
  • Home Insurance
  • Private Client High Net Worth Home Insurance
  • Blocks of Flats/Apartments Insurance
 
What does this mean in respect of the above products?
You may notice some changes to our policy documents, from 1st January 2021, any references to AXIS in our policy documentation will be replaced with HCC. The level of cover provided will not change. Our Landlord Insurance, UK Holiday Home Insurance, Home Insurance, and Private Client High Net Worth Home Insurance will also maintain their 5 Star ratings from Defaqto. 
 
What does this mean in respect of our Overseas Holiday Home product?
As a result of the change in carrier, our overseas Holiday Home product will no longer be offered for any policies with an effective date of 1st January 2021 onwards
 
As a solution, Intasure, a trading name of Arthur J. Gallagher Insurance Brokers Limited, can help you with the placement of cover for your existing Overseas Holiday Home customers. Intasure are an established overseas property broker with many years’ experience in managing this type of business.  
 
Next steps
For any non-Overseas Holiday Home business, you do not need to take any further action other than noting the change of capacity effective from 1st January 2021. 
 
If you currently arrange Overseas Holiday Home Business with us you do not need to take any immediate action other than noting that Intasure will be in contact with you over the next few days to discuss how they can assist with placement of cover for your existing Overseas Holiday Home customers with an effective date of 1st January 2021 onwards. Intasure look forward to building a relationship with you to help service your overseas customers going forward. 
 
If you have any questions regarding this or anything else, please speak to your Business Development Manager or email bdm@vasek.co.uk.
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Copyright © Vasek Insurance

Vasek Insurance is a trading name of Arthur J. Gallagher Insurance Brokers Limited, which is authorised and regulated by the Financial Conduct Authority. Registered Office: Spectrum Building, 7th Floor, 55 Blythswood Street, Glasgow, G2 7AT. Registered in Scotland. Company Number: SC108909.


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