Open GI Expands SME Panel with Arkel’s Premier Let for Non-Standard Landlord Risks

Quick Summary

Open GI has integrated Arkel’s Premier Let product into its SME platform, providing brokers with A-rated capacity for non-standard landlord risks. This expansion allows insurance professionals to cover atypical construction, flood, and subsidence risks with building sums insured up to £1 million and liability up to £2 million.

How Does Open GI Support Brokers with Non-Standard Risks?

Open GI solves the challenge of hard-to-place risks by expanding its SME panel to include specialist providers like Arkel. By integrating the Premier Let product, brokers gain immediate access to A-rated capacity for properties that traditional insurers often avoid, such as those with atypical construction or histories of flood and subsidence. This move ensures that brokers can offer comprehensive protection for a wider variety of landlord portfolios.

• Building insurance coverage up to £1 million.
• Property owners liability protected up to £2 million.
• Specialist cover for malicious damage and theft by tenants.

What Specific Features Does the Arkel Premier Let Product Offer?

The Arkel partnership delivers a robust suite of tailored insurance cover designed to protect both assets and income. The product includes loss of income protection and contents insurance up to £50,000. Furthermore, it addresses modern rental challenges by offering 30 days unoccupancy cover and alternative accommodation provisions reaching 20% of the building sum insured. This SME platform enhancement follows recent additions from Covea and Commercial Express, signaling a rapid expansion of Open GI's commercial ecosystem.

Why is the Open GI and Arkel Partnership Expanding?

The collaboration between Open GI and Arkel is built on a long-term strategy to increase broker distribution and meet long-term growth aspirations. By leveraging Open GI's technology, Arkel can deliver its niche products to over 600 customers across the UK and Ireland. This integration streamlines the digital distribution of non-standard products, making it easier for brokers to secure quotes for complex risks without leaving their primary workflow.

FF NEWS TAKE:

Open GI is clearly doubling down on its SME platform strategy, and the addition of Arkel’s Premier Let definitely moves the needle for brokers handling complex property portfolios. In a hardening market where non-standard risks are increasingly difficult to place, providing seamless access to A-rated capacity is a significant competitive advantage. This partnership reinforces Open GI’s position as a critical specialist technology partner in the UK insurance ecosystem.