RSA Insurance launch new Management Liability product in partnership with Q Underwriting

Today, RSA Insurance (in partnership with Q Underwriting) has announced the launch of its new Management Liability product, available to PIB Group brokers.

Related topics:  RSA Insurance,  Q Underwriting
Tabitha Lambie | Editor, Protection Reporter
20th May 2024
New Product
"We’re delighted to announce the launch of not only a new product but also the start of a new mutually beneficial partnership with Q Underwriting and PIB Group."
- Steve Hedge, Delegated Director at RSA Insurance

This Management Liability product covers directors, officers, and the company from potential exposures caused by actions and decisions they’ve made on behalf of their organisation. With bespoke limits and enhanced cover, this product offers management protection including D&O, corporate liability, employment practice liability, and employee crime.

PIB Group brokers, including Cobra Network members, will have access to this product via an RSA delegates authority arrangement. They will aim at private limited companies and limited liability partnerships, such as care establishments, educational institutions, leisure & hospitality, and haulage, transport & motor trades.

In time, Q Underwriting will also launch a wholesale version of this product for its nationwide network of partner brokers.

“We’re delighted to announce the launch of, not only a new product but also the start of a new mutually beneficial partnership with Q Underwriting and PIB Group. We have an ambitious customer service agenda and developing and nurturing long-standing partnerships will help us achieve our objectives in this area,” said Steve Hedge, Delegated Director at RSA Insurance.

RSA has “really enjoyed working with Q Underwriting to launch a high-quality product which offers a breadth of cover that brokers have confidence in and meets customers’ needs.”

“We’re really pleased to bring this new Management Liability product to market for our PIB and Cobra Network brokers, and to start developing a product, together with RSA, for external broker partners,” added Mike Hudson, Managing Director at Q Underwriting. He believes this bespoke product provides enhanced cover and limits, on a cost-effective basis, to both existing and new customers.

Mike continued that onboarding, developing, and launching a new product can be challenging with new partners, but “RSA has handled this seamlessly and has understood what we wanted to achieve […] We now have a high-quality tailored product, competitively priced whilst providing wide cover, thereby giving our customers the good outcomes they expect us to deliver.”

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