Price Forbes has launched an integrated London market facility to incorporate property, stock throughput and terrorism coverage.

Available across a range of sectors internationally, Accordium will target SME and mid-market businesses with total insured values up to US$1bn. The facility is led by Lloyd's insurer Brit and supported by exclusive automated follow capacity.

Price Forbes says the new facility offers “greater post-loss financial certainty through a joint deductible structure and stock-loss driven business interruption coverage”.

Ash Ganesan, deputy CEO of cargo at Price Forbes, said: "As a genuinely integrated solution, Accordium is incredibly efficient, yet its main objective is to eliminate the issues clients commonly encounter with multiple standalone programmes. Combining specialist property, cargo and terrorism expertise in partnership with Brit and select follow markets, Accordium delivers broader protection and enhanced certainty when clients need it most."

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