Ventis expands into non-standard real estate risks

Ventis Insurance is launching two real estate insurance products targeting non-standard risks, expanding beyond its core property offering.

The first product focuses on vacant properties, offering short-term policies and coverage for buildings left unoccupied for up to 10 years, including protection during renovation. The second targets harder-to-place assets such as HMOs, student housing, timber-framed buildings, and holiday lets, with cover for property damage, tenant-related risks, and loss of rent.

The products will be underwritten in-house and distributed through broker partners, with coverage available for risks up to £15 million in total insured value. The move reflects growing demand for solutions in complex property segments that fall outside standard underwriting appetite.

“At Ventis we are committed to building strong broker relationships through responsiveness service and underwriting expertise. This new proposition has been developed directly in response to broker demand for solutions in more complex and non-standard areas of the market. By combining our core appetite with enhanced capability for complex risks, we are giving brokers confidence to place business that requires a more active underwriting approach.” – Gareth Roberts, CEO of Ventis.