Alps, a leading provider of insurance add-on policies, legal expenses, and claims solutions for intermediaries, has announced the launch of a new Commercial Property Emergency policy, designed to provide rapid assistance and financial protection for SME businesses facing unexpected property emergencies.
The policy has been developed specifically for owner-operated SME businesses trading from premises similar in scale to a domestic property. These businesses typically lack the in-house resources to source reliable emergency contractors at short notice, making them particularly vulnerable to disruption and financial loss.
Delivered in partnership with Strategic Insurance Services and underwritten by Collinson Insurance, the policy provides financial protection and assistance for businesses against a wide variety of property-related emergencies, including boiler breakdown, burst pipes, roof damage, pest infestation, break-ins or vandalism. The broad cover includes call-out charges, labour, parts and materials.
Michelle O’Reilly, Managing Director at Alps commented: “This new emergency policy complements our existing products for both homeowners and landlords. It provides SME clients with the flexibility to tailor a package of cover that meets their individual needs. It delivers broad cover, flexible underwriting, and a desire to improve access to responsive, cost-effective insurance solutions. SMEs are, after all, the lifeblood of the economy. As with all Alps products, it delivers highly responsive service from a team of experts with a deep understanding of the needs of commercial clients.”
Alps offers a broad suite of add-on covers including sole trader, commercial, landlord and family legal expenses; motor related add-ons including excess protect, tools in transit, vehicle replacement, road rescue; and property related add-ons including landlord excess protect and home emergency, key cover and second property legal expenses. The capacity for its products comes from a growing panel of highly capitalised insurers and it operates a number of delegated authority arrangements, allowing it to offer brokers a fast and efficient service.