Our market has about 40 Insurance companies and for most clients individual or corporate they have very little knowledge of the insurance business leave alone about their existence. Our role therefore becomes handy in the selection of Insurers by matching their qualities to your needs.
Our role while making a recommendation must pay attention and make a balanced view of an insurer’s different qualities. These factors include the following:
Quality of service
Breadth of cover
Flexibility
Credit facility
Capacity
Geographical spread
Claims service
Support and sales literature
Provision of technical advice
Price
Survey and risk control
Financial security
Continuity
Reputation and experience
Reciprocity
It is therefore imperative for us to deal with a relatively wide spread of the market so that we can make a reasonable assessment of the Insurers and by so doing we will then:-
Reduce exposure to sudden change in underwriting philosophy
Reduce exposure to an insolvency
Provide the widest knowledge of what is available
Obtain competitive terms
Ensure the availability of capacity
Ensure ability to deal with unusual risks.