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Ecclesiastical shakes up property owners market with Crown Estate win

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Property owners’ insurance brokers are benefiting from heightened competition between business-hungry insurers, with the entry of Ecclesiastical in May and the former Axa team starting to write business for Mistui Sumitomo at Lloyd’s this week.

Ecclesiastical started writing business at what some in the market describe as “crazy prices” just five months ago. It has already won £5m of business, according to national broker and regional

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