Addept Insurance Services has teamed up with Moorhouse Group, which specialises in business and property owners insurance, to offer rent guarantee and legal expenses insurance to landlords with mixed and commercial portfolios. Moorhouse is part of Atec Group.

The cover relates to legals costs associated with an individual let property as well as to the broader risks faced by portfolio landlords. It can also provide rent protection for residential risks.

Richard Finan, managing director of Addept Insurance, said: “Diversification and increasing company activity in the sector are reshaping the risks portfolio landlords face. We have partnered with Moorhouse, who are experts in insuring these more complex and diverse property portfolios, to provide protection extending beyond the traditional residential buy-to-let risks into blended and commercial portfolios.”

Ian Brown, chief risk officer, at Moorhouse, added: “Addept Insurance understands the new and emerging risks facing landlords of all shapes and sizes. Providing a solution that responds to the evolving risk landscape our portfolio landlord customers face makes them an important partner.”