How is the tool helping property brokers?
Norwich Union, part of Aviva, has announced that it is helping brokers to offer a flexible and efficient service to property owners with the launch of Property Market Insurance, a new online tool.
Norwich Union said that its Property Market Insurance (PMI) service is a Windows-based application that allows brokers to produce a variety of insurance policy documents, including property schedules, tenant and value added tax certificates, as well as billing and premium calculations, all securely via the internet.
Brokers are provided with a identification code to access the tool remotely or when mobile, and can use more than one PC at a time to produce policy documentation. The process of compiling documents and accessing information is done in real time.
Steve Freight, senior underwriter for property owners for Norwich Union, said: PMI enhances the relationship brokers have with their clients. It allows more flexible working arrangements for brokers and their staff, particularly if working from home or where a number of staff require access simultaneously. Also, the information input is secure, as the broker and Norwich Union are the only parties with access to clients’ information.