Challenge
Our client had been with the same insurance broker since they entered the UK market with 1 studio, and were under the perception that their coverage was adequate and price was competitive.
After a full technical review it was quickly established that the client was underinsured on their business interruption and were also unable to comply with a number of conditions on their policy that their current broker had not made them aware of. In addition, the insurance provider was a non UK regulated entity, which for a business of their size, is not acceptable.
Solution
With just 6 days to solve this, we were able to source an A rated major UK insurer to provide full and complete coverage that the client could comply with at a premium saving of over 31%.
Outcome
Our client is now able to focus on running and growing their amazing business, safe in the knowledge that if the worst was to happen their insurance would be in a position to accurately cover them.
Gym Members Protected
Premium Saving
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