Haulage operator premiums increase dramatically

Motor fleet premium increases dramatically

The owner of a medium sized motor fleet faced a poor renewal outcome with his previous broker as their premiums had increased a whopping £100,000 to almost £700,000 between 2018 and 2019 for little reason.

The problem.

The owner of this fleet, despite being with his broker for many years, decided to ask for the help of Ascend to decrease the amount of his premium so that there wouldn’t be disastrous consequences on the firm’s ability to trade.

The solution:

When this firm teamed up with Ascend it quickly proved to be the correct decision. Ascend worked with client and insurer and managed to obtain renewal with the same insurer with an average rate reduction of nearly 25%.

We were able to reduce the premium by almost £150,000, meaning that the fleet could trade with lower overhead costs that what it had previously. The business was so delighted with the service they had that they signed a 3-year deal with Ascend.

Our aim is to make our service as efficient and professional as possible so that life is made easy for you. Our clients enjoy market-leading coverage backed up by carefully selected insurers who provide award-winning claims service

Sector: Transportation

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