ENCON announces new commercial property insurance

Product will be offered as a complement to the MGA’s business line placements

Canadian MGA ENCON Group has introduced a new commercial property insurance product.

The coverage will be offered to complement ENCON’s commercial general liability (CGL) risks product, as well as other business line placements, including errors and omissions, directors and officers and construction contractors’ liability.

Related: ENCON Group releases stand-alone cyber insurance

Brian Cane, ENCON’s senior vice-president, says the new offering “makes us a one-stop shop for brokers, as property and CGL are coverages that often go hand-in-hand.”

Premiums start at $1,500 with limits up to $5 million, subject to individual account underwriting. All claims management and financial matters are provided by Temple Insurance Company.

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