Challenge
The clients premiums had risen over £300,000 as a result of a portfolio revaluation and re-purposing assets from private sector tenants to social housing. In addition, due to the wide scope of operational activities the client had over 10 operational policies for their business.
Solution
Working closely with our Lloyds of London partners we were able to create an insurance programme split across 8 syndicates that were able to provide a significant premium saving as a result of the in-depth risk management undertaken by the client that we were able to diligently convey. In addition we were able to combine their operational units onto a single streamlined policy.
In addition we created the broker a single source of truth document to ensure there was slick information sharing between their teams, us as the broker and the insurance company.
Outcome
Ultimately the client saved a significant amount of money but was also provided a clean and slick process which will make transacting their insurance long term a hassle free process.
Total Assets Insured
Premium Saving
Bespoke Electric Vehicle Manufacturer
Our client restores and up-cycles vintage cars and commercial vehicles into modern electric vehicles.
Billion pound global construction company
Our client is a major global construction company across the globe and entered the UK market in 2019.
International Fitness Chain
Our client is an international fitness studio that has 84 locations around the world and 9 studios in the UK.
Professional Footballer
Our client is a professional footballer that plays for top premier league team.
UNHW individual
Our client is an ultra high net worth individual with a significant jewelry collection.
E-Gamer
Our client was one the UK’s top E-Gamers who at a young age suddenly had a very significant income stream.
Property Investment Portfolio
Our client is a large property investment company with a diverse portfolio of significant buildings across London and parts of Europe.