Insurance provider Alps has launched a commercial property policy, designed to provide financial protection for SME businesses facing unexpected property emergencies.
The policy has been developed specifically for owner-operated SME businesses trading from premises similar in scale to domestic property.
These businesses typically lack the in-house resources to source reliable emergency contractors at short notice, making them particularly vulnerable to disruption and financial loss.
Alps managing director, Michelle O’Reilly, said: “This new emergency policy complements our existing products for both homeowners and landlords.
“It provides SME clients with the flexibility to tailor a package of cover that meets their individual needs.”
O’Reilly stated the policy delivers broad cover, flexible underwriting, and a desire to improve access to responsive, cost-effective insurance solutions.
“As with all Alps products, it delivers highly responsive service from a team of experts with a deep understanding of the needs of commercial clients,” she added.
Delivered in partnership with Strategic Insurance Services and underwritten by Collinson Insurance, the policy provides financial protection and assistance for businesses against a wide variety of property-related emergencies.
This includes boiler breakdown, burst pipes, roof damage, pest infestation, break-ins, or vandalism.
The broad cover includes callout charges, labour, parts, and materials.
tom.dunstan@ft.com
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