MMA Relaunches Commercial Combined Policy

As part of its drive to enhance its commercial lines development, broker insurer MMA Insurance has started its commercial combined insurance policy for small to medium-sized enterprises (SME)

Following feedback received from both brokers and their SME clients, changes to the policy have been made. The review has led to the incorporation of three new covers: refrigerated stock; loss of licence and legal expenses.

Derek Plummer, commercial director of MMA give remark on the policy relaunch that : “Working with our brokers, we have recognised the need for a wide bespoke facility in the SME market and are beginning to implement a whole range of initiatives to demonstrate our commitment to this sector. Before embarking upon these programmes, we talked to over 1,000 brokers about what they needed to help them acquire and retain their SME clients.”

Mr Plummer added: “We are in the process of establishing regional underwriting teams to provide a faster, local and more personal service and now we are matching this elevated service with superior products which have been developed in conjunction with our brokers. This ties in entirely with our philosophy of offering brokers a choice based on what business they want to place with us and by what methods.”

The review of MMA’s commercial combined product is the first of many reviews that will be taking place over the coming months based on the broker research.

The insurer said the reviews would form part of a wider package of measures to support brokers including recruitment of experienced underwriters, the opening of regional offices and business development managers and the ongoing development of an SME product range.