We build Your Insurance coverage on solid foundations, bespoke to you
In simple terms, the key parts of our process can be broken down to
I. Your Past: You may be over-reserved for existing risks, meaning reserves can be released to safely support buying less future insurance
II. Your Future: You may be exempt from normally mandatory covers (e.g. employers’ liability)
III. Your Custom-Made Product: You can design your own insurance product to meet your strategic objectives and ask for bespoke product designs from new insurers
IV. Your Best Providers:There are thousands of insurance brokers and insurers – not just the limited panel of insurers your brokers may use, or your normal tenders may attract
V. Your Money: Your Premiums are often paid neither to your named broker nor the insurer, but to a third party (wholesale) broker; did you carry out appropriate Anti-Money Laundering (AML) checks? Furthermore, what is the security for your claimants?
VI. Your Review Process: Most clients do not have appropriate management information (MI) reports to assess whether they made the correct risk transfer decision, then repeated the (incorrect) decision at the following renewal.
We aim to reduce your insurance premiums Substantially, Safely and Strategically and will tell you honestly if substantial premium reductions are not safe for you.
Substantially: Premium savings of 80% regularly achieved from poorly designed programmes
Safely: Fully documented benefits/risks, based on sound actuarial data, with unique considerations of claimant security, in an unrushed timeframe for your full internal discussion
Strategically: Designed around your corporate strategy and your bespoke balance sheet