British insurer Legal & General (L&G) will use Acturis’ Software as a Service (SaaS) platform to offer its suite of Rainbow insurance products to brokers in the UK.
L&G’s Rainbow Household Insurance has been designed to provide coverage for a customer’s buildings and contents.
Key benefits available under the plan includeup to £500 home emergency cover per call out and trace and access cover up to £5,000 for buildings.
For Contents, it offers two types of coverages. Under the plan known as Contents – Special Events Cover, contents sum insured recorded on the customer’s policy grew by 10% to cover for special events such as Christmas.
Another Contents – Cover is for contents temporarily removed from the home for which up to £5,000 in total (£1,000 for a single article) is provided.
By paying some additional premium, customers can also extend their cover to include extended accidental damage cover, personal possessions cover and family legal protection.
Legal & General Insurance broker and intermediary director Simon Hird said: “The broker channel remains an important distribution channel for us and we’re committed to supporting our brokers.
“Making our Rainbow products available on Acturis, given their on-going growth and success in the Personal Lines sector, is an integral part of our strategy to remain a partner of choice for many UK brokers.”
Acturis personal lines director Jim Lorimer added: “I am delighted to have Legal & General available to Acturis brokers as part of our extensive Home panel. They are an important addition and will further strengthen our Personal Lines proposition already attracting many brokers.”
Operating in the general insurance market, Acturis supports both personal and commercial lines.