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Arc Legal Group (Arc Legal), the specialist provider of ancillary insurance products and services...
Arc landlord package offers bespoke cover for brokers Hamilton Fraser
Arc Legal Assistance (Arc), the bespoke legal costs insurance provider, has developed a tailored package of landlord legal cover for brokers, Hamilton Fraser Insurance Solutions (Hamilton Fraser) specifically for their clients including the National Landlords Association.
The package, which includes property infringement and criminal prosecution defence covers, will be provided on a mandatory basis as part of Hamilton Fraser’s Landlord Solutions policy which is underwritten by AXA Insurance. Landlords will also be able to obtain full tenant dispute and rental guarantee cover as additional options to the package.
Property infringement cover provides indemnity for the legal costs associated with squatters’ unlawful entry to the insured’s property as well as boundary or other property disputes.
Richard Finan, Director of Arc said: “Our bespoke approach has enabled us to develop unique solutions in areas not normally supported by legal costs insurance and the landlord sector is a prime example of this.
“Many household policies for buy-to-let property include standard covers such as personal injury, employment and property, for the insured’s principal residence only, and consumer. We have provided a tailored product that actually picks up the insured’s risks as a landlord.”
Eddie Hooker, Managing Director of Hamilton Fraser added “We chose Arc because of their innovative approach which allowed us to design our product to fit the needs of clients. Our relationship with the National Landlords Association, the largest such association in the UK, is very important to us and we are constantly looking at ways of improving the cover that we provide to their members. The addition of Arc’s legal cost package places our product at the forefront of landlord insurance solutions”.