Berkeley Alexander partners with Mortgages for Business in two year exclusive deal
04 November 2020
4th November 2020: General insurance provider, Berkeley Alexander, has agreed a two-year exclusive deal with specialist buy to let and commercial mortgage broker, Mortgages for Business, to be its preferred provider of commercial and general insurance.
Under the terms of the exclusive deal, Berkeley Alexander will provide the brokers’ customers with commercial and general insurance for all property types, including standard and non-standard. Berkeley Alexander has one of the widest panel of insurers available on the market. The arrangement will further help Mortgages for Business to maximise the service they deliver to their clients, via its introduction service.
Steve Olejnik, Managing Director at Mortgages for Business, comments: “We’re delighted to announce this partnership with Berkeley Alexander. We offer a broad range of mortgages, so we needed a provider with an extensive appetite and an established reputation for expertise in non-standard and landlords’ GI in particular. They have one of the largest panels available on the market and this, together with their knowledge in the landlord insurance sector, makes them an obvious choice.”
Mark Hutchings, Managing Director at Berkeley Alexander comments: “We have a solid reputation for the strength of our insurer relationships which is never so important as during a hard market when premiums typically rise across most product lines. Providers like us with the expertise and knowledge of the risks involved can leverage those insurer relationships to ensure we get the most favourable terms available to us. Being able to combine efficient online distribution with the traditional approach of speaking directly to insurers ensures we get the right cover for even the most complex of risks.”
