Category: Innovation Broking
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Drawing on discussions with you, our clients, we are sharing a checklist of the key insurance considerations we believe to be relevant to the current circumstances. Please talk to us about any of the points raised, we are keen to help you. You can reach us via our switchboard number which diverts to our homes,... read more
Unlike many of our clients, we have the privilege of being able to work from home – and we plan to maintain a full service. We have also doubled our claims resource and hired 15% more staff in the last month, which will assist our resilience. Our claims team is working flat out at present,... read more
General Overview The priority of the Government at present is to contain the spread of the virus by isolation. This involves physical locations being locked down and those known or suspected of having the virus being locked in. Voluntary measures are also being taken by event organisers to support this. If this strategy fails to... read more
Standing out from the crowd. The SME market provides enormous opportunities for brokers who innovate and offer greater customer focus.
The SME market is growing. Fast. The number of SMEs in the UK has grown by almost 16% since 2000, with small and medium-sized businesses now accounting for more than 99% of all private sector businesses in the country. The combined annual turnover of SMEs was £18 trillion at the start of 2016, equivalent to... read more
Will PE investment lead to more smaller regional brokers being snapped up? Private equity (PE) is set to cause further waves of broker consolidation particularly at the smaller end of the market with the big, eyecatching deals largely completed, according to experts. The comments followed the Global Risk Partners (GRP) deal to buy south west... read more
With effect from 12 August 2016 UK insurance law will never be the same again. Out goes the concept of “material disclosure”, a notion always looked upon with great suspicion by policyholders, and in comes its successor in the form of the principle to be forever known as “fair presentation”. And no longer the theoretical... read more
Brokers take their sides although some complain of lack of information with EU vote looming The EU referendum on 23rd June is an issue currently dividing the country. Some in the sector are firmly decided which way they will vote on whether or not the UK should opt for Brexit. Others though are still confused... read more
MP reopens debate over the effect of increasing regulation on small brokers The burden of regulation could push smaller brokers out of the insurance market, industry experts have warned. The universally held view is that the broker market is shrinking. The discussion was brought back into focus by Craig Tracey, Conservative MP for North Warwickshire,... read more
Paul Dickson tells Insurance Age why he started afresh after leaving Arthur J Gallagher in 2014 The CEO of Innovation Broking, Paul Dickson, launched the new offering in April 2015 with development director Howard Pearson – the former boss of Oamps in the UK. Dickson was previously regional managing director for London and the South... read more