An Exciting New Connection

An Exciting New Connection

Conveyancing Liability Solutions Limited (CLS) market leading title and chancel insurance providers are delighted to announce that we will be changing insurance capacity providers from Great Lakes Reinsurance (UK) Plc to ERGO Versicherung AG for online insurance policies from 18th December 2014.

Excellent Financial Strength

As with Great Lakes Reinsurance (UK) Plc, ERGO is a subsidiary of the Munich Re Group. Therefore switching to Ergo will continue to offer:

  • The same AA- rating, the highest and most consistently rated cover in the industry
  • Most competitive premiums
  • In perpetuity policies
  • Expert in-house, legally qualified underwriters
  • Cover up to £3m online as standard

Changes to Expect to your insurance policies

  • From 18th December 2014, all insurance policies from CLS online will be underwritten by ERGO Versicherung AG, UK Branch.
  • CLS will provide the same scope of insurance policies (ChancelSure£® & ConveySure£®) but they will be updated in structure with a brand new look and feel.
  • The cover of our policies has been expanded, so they can be issued online in more cases than ever before.
  • ‘Underwriting Criteria’ will be re-named to ‘Statements of Fact’ to ensure clarity on disclosure required by conveyancers.
  • Better cover for the same price!

Existing Quotations

Pre 18th December

All quotations issued by CLS on behalf of Great Lakes Reinsurance (UK) Plc will remain available to you and your clients until 18th December 2014 when the insurer changes.

Post 18th December

Quotations will need to be reissued (and therefore re-ordered) post the 18th December to include the new insurer and new cover.

&…A Brand New Look to the CLS Suite of Search Products

To coincide with this change, CLS are updating and refreshing the look of ChancelCheck£®, ChancelCheck£® Premium and TitleChecker£® products. This change will also take place on 18th December 2014.

CLS

cls-legal CLS provide innovative data, search and legal indemnity solutions to aid residential and commercial property transactions throughout the UK and Europe. From our roots in developing market leading, data led search and insurance products to offering individually underwritten, bespoke property development solutions across the UK and European markets, CLS continues to provide innovate solutions for the property market. CLS’s panel of carriers enables us to insure sums of up to GBP 125 million of AA- and A rated paper. Additional capacity is drawn upon for larger cases.


Contact: Jean-Claude Domaingue Tel: 01732 897 531 Email: jeanclaude@clsl.co.uk Address Suite 5, 40 Churchill Square Kings Hill West Malling Kent ME19 4JJ

Leave a Reply

Your email address will not be published. Required fields are marked *