Plum launches first online MNW quote and buy facility with Lloyd’s capacity for brokers

London, 14 September, 2009: Innovative mid net worth specialist Plum Underwriting has launched the
first ever online quote and buy facility for brokers to obtain Mid Net Worth home insurance with Lloyd’s
capacity. The fully transactional website allows ‘clean’ risks to be bound instantly, and is based on its
established online rating and quote engine.
The facility dramatically shortens the time it takes for brokers to bind a risk from initial quotation compared
with traditional methods.
Plum Director David Whitaker said: “We are extremely pleased to be able to offer brokers this enhanced
service when obtaining MNW cover for their clients. The facility provides our existing and new brokers
instant quotes, confirmation and policy documents online, which means instant turnaround for brokers’
clients. Our open market arrangement uniquely combines the advantages of technology based delivery,
with the ability to speak to underwriters about individual risks”.