Brit Insurance launches Professional Indemnity products on Britbord

Brit Insurance Holdings PLC ("Brit Insurance" or "The Group"), is pleased to announce the launch of Britbord PI, a comprehensive set of Professional Indemnity products on its delegated underwriting system, Britbord.
August 12, 2008

The cover has been specifically tailored for micro SMEs with fee income of up to £250,000 and contractors with turnover of up to £2.5 million.

Britbord PI covers a comprehensive range of over 140 professions and trades, in categories such as accounting, architecture, IT and insurance broking. The clear, concise rating guide gives brokers a user-friendly online facility with which they can quote and bind business and produce all required documentation on the spot.

In addition to this new suite of PI products, office, retail, commercial combined and property owners' cover are also available on Britbord, as a unique service for selected broking partners.

Tim Grant, Distribution Leader, Small Business and Personal Lines at Brit UK, commented:

"PI cover is becoming increasingly important for small businesses and was therefore the next logical addition to Britbord's suite of products. The SME sector is an important part of our business and this new offering, together with our recent investment in Xbridge, underlines our commitment to growing our presence in this area."

-ENDS-

Enquiries
Mark Jones
Brit Insurance Holdings PLC 020 7984 8500

Juliet Tilley
Haggie Financial 020 7417 8989

Notes to Editors

Britbord, a web-based system with user-friendly interface, is designed to support the whole underwriting cycle and is exclusively provided to a select group of Brit Insurance's broker partners. Brokers have the facility to quote, bind, and produce documentation for their risks, enabling full control over their client relationships. Brit Insurance has a dedicated service team, based in Darlington, that support the Britbord brokers and handles technical referrals.

About Brit Insurance
Brit Insurance's operations comprise three strategic business units: Brit Global Markets, Brit Reinsurance and Brit UK. All three have access to the two regulatory vehicles through which Brit Insurance underwrites: Brit Insurance Limited which is a UK FSA regulated insurance company and Lloyd's syndicate 2987 which is managed by Brit Syndicates Limited. Brit Insurance has UK underwriting offices in London, Reading, Birmingham, Bristol, Glasgow, Leeds, Darlington, Ilford and Manchester.

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Brit Insurance launches Professional Indemnity products on Britbord

Brit Insurance Holdings PLC ("Brit Insurance" or "The Group"), is pleased to announce the launch of Britbord PI, a comprehensive set of Professional Indemnity products on its delegated underwriting system, Britbord.August 12, 2008

Brit Insurance Holdings PLC ("Brit Insurance" or "The Group"), is pleased to announce the launch of Britbord PI, a comprehensive set of Professional Indemnity products on its delegated underwriting system, Britbord.
August 12, 2008