Escape of water damage is one of the most common types of domestic property damage claims, with insurers paying out £1.8 million for it every single day*.
Horizon are keen to move away from the traditional insurance approach of repair and replace to predict and prevent – helping their clients limit and remove damage from escape of water losses. They feel it is time to innovate the industry, make a stand and make a positive change.
Therefore, all your clients taking out a policy with Horizon will benefit from a Hive Leak Sensor within their main home, which will be issued following inception of a new business policy or renewal of an existing policy.
- Horizon have embedded the Hive offering inside their policy wordings
- They have integrated their system with Hive so they can seamlessly understand when a sensor is activated and, if not, communicate with you
- They are going to help protect your clients from unwanted leaks and, if they do occur, can provide access via the Hive app to a friendly local plumber.
- Horizon will waive your client’s excess following a claim for escape of water loss, providing the Hive Leak Sensor was fitted and operational at the time of the loss.
Is it time to re-think your mid and high net worth insurance provider so your clients can benefit from the added protection a Hive Leak Sensor brings as part of a policy with Horizon? To find out more, please speak to your Blink IS Business Development Manager.
These services are provided by Horizon Underwriting, a trading style of Horizon UW Ltd who are authorised and regulated by the Financial Conduct Authority No 715633 and underwritten by Legal & General Insurance Limited. Access to this facility is subject to approval by the product provider only. Blink Intermediary Solutions is not part of the approval process and is not the product manufacturer. Some products/facilities are not available in all territories. The intended recipient of this content is UK FCA-regulated insurance brokers. Full details of FCA authorisations can be found at www.fca.org.uk.
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