Insurance Broking
Brokers have been a feature of British
Insurance from its beginnings in the sixteenth century.
An insurance broker is a special kind of
agent who holds himself out as having expert knowledge of insurance and
the insurance market. Insurance - particularly commercial
insurance can be a very complex business.
We have the professional knowledge,
experience and the connections to place the risks you decide to insure
in suitable markets at competitive premiums and terms. We then
provide ongoing service and advice as required through the year
especially in the event of a claim being made for or against you.
All aspects of your account is personally
dealt with or supervised by one of our Directors.
You always deal directly with a person
here in our Exeter office.
We hold agencies with major insurers
and have access to the London market and Lloyds. Specialist
facilities are available for the insurance of let property, blocks of
flats and hard to place risks.
Consultants
We offer:
- A stand alone insurance consultancy
service.
In today's economic climate it is
particularly important to be properly insured whether for property,
business interruption or liability.
Apart from trade risks, one of the
easiest ways of going bankrupt is to suffer a serious uninsured or
underinsured loss.
Our aim is to identify and investigate
the insurable risks to which you are exposed and to report to you on the
adequacy or otherwise of your present insurance programme.
Although the primary emphasis is on scope
of cover it is sometimes found that premiums can be reduced or
re-allocated to advantage.
- Health and Safety Advice
- Disaster Recovery Planning Assistance
- Risk Improvement Programming
Surveys
We work with Chartered Surveyors to establish the correct
reinstatement sums insured for commercial property and blocks of flats.
This makes sure that claims are not
reduced because of under insurance.
It is little use having an index linked
policy if the initial sum insured is wrong.
Claims
We make a priority to provide a first class claims service.
Suitable insurance arrangements are one
side of the coin and prompt and fair claims settlement is the proof.
We have access to the full details of the
contracts in force and an in depth knowledge of how they should be
interpreted.
Where appropriate, we accompany Loss
Adjusters to our clients' premises and monitor the progress of the claim
through to final settlement.
Some claims are made against our clients
by employees or third parties. Again our aim is to protect your
interest as much as possible.
We have long standing working
relationships with insurers and their claims departments which enables
us to obtain the best results.
Life Insurance and Income Protection
Key Person Cover
The death of a key person - a director, partner or employee - could
cause severe disruption for a firm. There could be particularly
serious consequences where the person has guaranteed a loan or a lease.
We can advise on the level of insurance needed and the best way to
arrange it.
Shareholder and Partnership Cover
If a major shareholder in a private company dies, a properly
arranged policy can mean that there is enough money for the remaining
shareholders to buy the shares at a fair value.
We can also set up simple, flexible and
generally inexpensive cover for partnerships where the same kind of
problems can often arise.
Individual Protection
It is important to consider protection against the financial
consequences of death or disability. For example:
- Would your family have enough income
to live comfortably if either parent died or were disabled and unable
to work?
- Are all your loans and potential
liabilities covered against death or illness?
- The level and type of cover should be
regularly reviewed to respond to changes in financial circumstances.