L&G links up with Prestige to offer cover on riskier homes

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Legal & General has entered into a partnership with Prestige Underwriting Services to offer specialist home insurance policies, such as for properties that are at risk of subsidence.

The agreement will be in effect from 1 January 2017. Prestige specialises in “non-standard” cases, including properties with flat roofs, unusual construction or subsidence risks, and also to applicants who have previous convictions or a poor claims history.

Legal & General broker and affinity director Kevin Roberts says: “At Legal & General we are determined to expand our position in the home market and are delighted to have entered into this partnership with Prestige.

“They were the obvious choice for us to deliver on that ambition given their great reputation and I am excited to work together and utilise the many strengths that we both possess.”

Prestige chief executive Trevor Shaw says: “We have an extremely focused team of people with established distribution channels and I see this as a huge opportunity to leverage our expertise and capitalise upon the market opportunities that a partnership with Legal & General will bring.”