Documents
The declaration or statement of fact made by KML to the broker for 2024 has NOT been provided.
To see the Insurance Schedule [Property Certificate] for 2024 click here. This was provided by Grace Miller.
To see the 2024 Terms and Conditions click here [Reviewed below]. These were published by Rendall & Rittner.
The declaration or statement of fact made by KML to the broker for 2025 has NOT been provided.
To see the Insurance Schedule [The Schedule [Real Estate Insurance Pollcy]] for 2025 click here. This was provided by Grace Miller.
As at November 2025, the applicable wording for 2025 has NOT been provided by Grace Miller despite being requested.
Conclusions
The following conclusions are reached:
- The garages are included within the meaning of the definition of the insured buildings. See page 24 of the 2024 Terms and Conditions. To be verified that this remains in the 2025 wording.
- The Standard of construction given on page 12 of the 2024 Terms and Conditions is replaced by that in the Schedule.
- The construction clause for both 2024 and 2025 reads as follows:
"The Premises are built of brick, slate, stone or concrete and roofed with slates, tiles or concrete with less than 10% of the roof and/or walls of combustible materials; wood, Sandwich or composite panels, straw, thatch, or felt on timber". - The question as to whether there is a valid insurance therefore relates only to the 10% condition.
If it is exceeded, then there is no insurance.
The latest assessment calculations, INCLUDING the garages indicates that, even discounting the re-roofing, the percentage in flammable materials is of the order of 25%. Including the re-roofing, it is some 40%.
To see the assessment calculations, which need to be verified, click here.
A Note on the 2025 Insurance Schedule
This document includes on the third page the following statement:
COMPETING CLAUSE
Terms are provided subject to confirmation that the current programme does not include any capacity provided by Accelerant Insurance Europe SA.
If Accelerant Insurance Europe SA is the current capacity provider then these terms are automatically withdrawn.
This clause is simply not understood as it is not in plain English [containing undefined terms], and begs the question as to who is to provide confirmation as to capacity to Accelerant Insurance Europe SA.
Notes on the 2024 Terms and Conditions.
Welcome [page 2]
You have a duty to make a fair presentation of the risk which is covered by this policy. Please ensure all information You have provided is accurate and complete. All information should be provided in good faith.
If You do not comply with this Your policy may not be valid and may therefore not cover You.
Regulatory Information [page 5]
We are Ventis, a trading name of Mission Underwriting UK Limited. Mission Underwriting UK Limited t/a Ventis is regulated by the Financial Conduct Authority (FCA). FCA Number: 314946 and registered address: One Fleet Place, London EC4M 7WS (Company Number 05314336)
Ventis act as an agent for Accelerant Agency Limited – UK Branch (the Master Coverholder) and Accelerant Insurance Europe SA/NV UK Branch (the Underwriters) in performing Our duties under this policy.
Complaints [page 6]
email address:
Keeping the Insurer Informed [page 8]
When We are notified that information You previously provided is inaccurate, or of any changes to that information, We will inform You if this affects Your insurance.
This does not preclude notification by a party with an interest, viz a party for whom the insurance is contractually required under the lease of part of the property to said party.
Remedies for Breach of the Duty of Fair Presentation [page 11]
If Your breach of the duty of fair presentation is deliberate or reckless:
- We may avoid the contract, and refuse to pay all claims; and,
- We need not return any of the premiums paid
Premises [page 12]
The buildings or part of the buildings and grounds at the address or addresses shown in the schedule owned by You or for which You are legally responsible in connection with the Business.
Distinctly different to the Property Insured.
Property Insured [page 12]
In respect of Sections 1 - 5 only as stated in the schedule.
2024: Only Block B. 2025: Blocks A, B, and C.
Standard Construction [page 12]
Construction of brick, stone, or concrete. Roofed with slate, tiles, concrete, metal, or Asbestos and where composite panels are not present. If timber is only present in respect of floors only, the building can still be classed as Standard Construction.
The Schedule defines an alternative construction, and includes "thatch". Thatch was banned in London, along with wooden chimneys some 6 centuries ago. It's inclusion suggests the list of flammable materials is indicative. Thus the itumenn on felt repairs should be included in the assessment of the 10% flammability level.
Roof Maintenance Condition [page 15]
It is a condition precedent to Our liability that any flat felted roof that is older than 10 years or where the age is unknown is inspected at least once every two years by a qualified builder or property surveyor and:
- a permanent record is kept of all such inspections, repairs and maintenance.
- any defect identified by that inspection is repaired immediately
Contracts (Rights of Third Parties) Act 1999
Rights of lessees for information emanate from the Lease, and the Landlord & Tenant Act.
Section 1: Property Damage [page 24]
Buildings [at the premises specified in the schedule]
- Outbuildings and sub-stations.
Thus the garages are included., and the garage roofs are to be included in the 10% calculation.
Residential Accommodation
Furniture, furnishings, fitted carpets, appliances and other household goods (excluding brown goods) in any self-contained flat or other private dwelling.
Unauthorised Use of Electricity Gas or Water [page 38]
It is agreed that cover extends to include the cost of metered electricity gas or water for which You are legally responsible caused by unauthorised use by persons taking possession of or occupying Premises without Your authority:
Subject to You taking all practical steps to terminate such unauthorised use as soon as it is discovered.
Thus electricity lost due to unlawful letting of garages NOT covered.
Noted that the theft of electricity was enabled by the Board of KML.
First-tier Tribunal (Property Chamber) Costs Protection [page 66]
An application by Your tenant(s) for a Section 20C notice under the Landlord and Tenant Act 1985 which could prevent You from recovering Legal Costs & Expenses from Your tenant(s) following proceedings brought under
- Section 27A in respect of Your tenants liability to pay You service charges and/or
- Section 19 in respect of the reasonableness of service charges or the standard of works carried out on Your Property Insured
What Is Not Covered Under Contract & Debt Recovery [page 66]
Any claim arising from or relating to:
- an amount which is less than £200.
- a dispute with a tenant or lease where You are the landlord or lessor.
Real Estate Policy [two pages prior to last two]
Taken from the Schedule
Invoice details: [last two pages]
TBIG Residential Ltd, Policy Number: 3245, Policy Term: 11/08/24 - 10/08/25
Premium 24,066.78
Insurance Premium Tax 2,888.01
Commission Fee 50.00
Policy Fee 750.00
Admin Fee 50.00
Insurety and Insurety Protect are trading styles of Insurety Ltd. Insurety Ltd is authorised and regulated by the Financial Conduct Authority with the firm reference number (FRN) 971455. Insurety is registered in England and Wales under Registration Number 12087894.
The registered address is Cheltenham Film Studios, Arle Court, Hatherley Lane, Cheltenham, Gloucestershire, GL51 6PN
Next
Research using Companies House into what is best described as a web of companies continues. The records for Insurety and TBIG reveal a list of people, which leads to a large number of small companies.
This can then be compared to Clear Insurance, the brokers who were misled by JCFPM's Associate Director.
An hours worth of research reveals a staggering difference.
The question is "Who would one trust ?"