Insurance Health Check
As a specialist broker, we like to do the hard work on your insurance, so you don’t have to. However, we think it is important that you fully understand how it works to help you get the best out of your insurance and the market.
We look carefully at all our clients’ cover every year, as not only can there be changes in regulatory requirements from year to year, but there can also be developments in the clients themselves, as well as differences in what insurers are offering.
Here are just a few questions that we think are important for all firms to think about:
What does it actually cover?
What are my regulatory requirements?
Is my limit of indemnity adequate?
What does “claims made basis” mean?
What does “civil liability” mean?
What is excluded?
Is my broker a Lloyd’s broker?
Are they specialists?
Are they independent?
Are they based in The City?
This is just a sample of some of the things that we look into for our clients. If you have any questions or would like to find out more, please do not hesitate to call us on 020 264 0545