Modus? Who are they? Independently owned MGA Established in early - PowerPoint PPT Presentation

Modus? Who are they? Independently owned MGA Established in early 2015 CFC Underwriting Ltd Approved Lloyd’s Coverholder 2016 BIA Shortlisted

Our M.O. Focussed on Landlord’s & Home Digitally traded products Partner with specialist e ‐ trade distributors Automated underwriting to deliver competitive offering Wide footprint

Capacity Capacity is provided by Lloyd’s Lead insurer: RenaissanceRe Syndicate Management Limited (syndicate no. 1458) A ‐ rated global re ‐ insurer founded in 1993 Total resources of £63 billion to pay valid claim

Target Customers Accidental/Part ‐ time Landlords Single Property Buildings up to £1,000,000 Contents up to £100,000 POL up to £5,000,000 UK (excluding N.Ireland)

Wide Acceptance Construction Type of Property Tenant Type Unoccupied Year Built Listed Previous Claims

Target Tenant Types Private Rental Asylum Seekers Long Leasehold Unoccupied Holiday Lets Council Support DSS Referrals Care Support Students Local Authority

Unoccupied Modus can cover properties that are unoccupied and up for sale providing that the; • Property is in a good state of repair • Property is inspected every 7 days • Property is either heated or water tanks drained Please ensure the statement of fact is correct Pro Rata Cancellation

Modus Landlord’s Insurance Core Covers; • Buildings up to £1,000,000 • Loss of Rent or Alternative Accommodation – up to 20% of BSI (24 months) – including within the Buildings section • Landlords Contents – no charge for first £5,000 cover • Rent Receivable cover available • Property Owners Liability – no charge for £2m limit Cover Extensions; • Trace and Access ‐ £25,000 • Replacement Locks and Keys ‐ £2,500 • Unauthorised use of electricity, gas or water ‐ £10,000 • Fly tipping ‐ £5,000 • Removal of nests ‐ £1,000 • Contents in outbuildings ‐ £2,500 limit for Contents not attached to the main building Additional Cover; • Malicious Damage or Theft by the Tenant included up to £10,000 for Professional/Retired let

Claims Davies Managed Systems (DMS) Dedicated UK based team Agreed SLAs 2015 Loss Adjusters of Year 2016 BIA Shortlist

Powerplace Declaration The Powerplace opening declaration precludes us from writing risks that include; Bankruptcy, Convictions, Insurance cancellations, Premises with previous Subsidence. We regret that we cannot write these risks if referred through to Modus

Modus Landlord’s Summary Wide acceptance on; Target Customers • Unoccupancy • Single Location • Construction • Buildings up to £1,000,000 • Grade 2 listed properties • Contents up to £100,000 • Flat Roof • Property Owners Liability up to £5M • Holiday Lets • Tenant Type Legal helpline • Policy holders with previous claims • 24 hour advisory service for telephone Extensive claims acceptance advise on any legal problem or concern to you in connection with the insured • Past 3 years maximum 4 Claims premises • Past 3 years maximum claims cost £50,000 Domestic Helpline • 24 hour advisory helpline following an emergency in your premises for which a tradesman’s assistance is required

What We Want… Single Property Residential Landlords Any Tenant Type Occupied and Unoccupied