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Changes to Midas Crown

Changes to Midas Crown

31 May 2017


We are making some important changes to Crown.

As Flood Re is now available to provide affordable home insurance to many of our partners' customers, our stance in relation to flood perceived risks must change until we are able to cede.

These changes will impact New Business and Renewals.

Effective from 1st August 2017, should the a new risk be proposed, or indeed if a risk is already on cover with Midas (i.e. Renewal) which presents itself as a flood risk, Midas will provide terms excluding Flood cover. In some instances, the risk may be declined in it's entirety. Where possible Midas will try to limit the need to exclude or decline by ensuring each risk is assessed at individual postcode level and where appropriate be removed from being considered at risk of flooding.

Should you have any queries or concerns, please do not hesitate to contact a member of our Home Underwriting Team:
Call us on 0330 123 5744