by Ben Rose | Jun 14, 2016 | FAQ
In an open-market tender, competing brokers will reach out to all their partner insurers with a request for quotation. If the business has already been quoted on for another broker, and the proposal is more or less the same, then the insurer is obliged to come back...
by Ben Rose | Jun 14, 2016 | FAQ
A traditional tender is likely to lead to underwriters losing interest in winning your business because they do not believe they have a real chance to do so. Reasons for this include: There are too many insurers involved in the tender (yes, they talk!) There are too...
by Ben Rose | May 24, 2016 | FAQ
Renewal terms are always presented to you well in advance of renewal. This gives you enough time to review all your options. We aim to have matters concluded at least 4 weeks prior to expiry. GO TO FAQ
by Ben Rose | May 24, 2016 | FAQ
Not surprisingly we use a very similar process to The Confidential Review. First we will agree with you an ‘objective’ price for the cover you require, based on our current market intelligence. Then we will negotiate with the current insurer and look to come to an...
by Ben Rose | May 24, 2016 | FAQ
We are happy to schedule up to quarterly reviews throughout the year. We also suggest meeting to discuss your renewal at least 8-12 weeks before expiry. Should you need or want to meet on other occasions as well this can of course be arranged. GO TO...
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