Tag Archives: key facts


KEY FACTS – Unrated Insurers
March 20, 2017

KEY FACTS – Unrated Insurers

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  KEY FACTS –The reason for company failures 35% due to insufficient reserves 21% due to rapid growth (under pricing) 10% due to alleged fraud  High profile collapses Gable 2016 – 200,000 policyholders Enterprise 2016 – 48,000 policyholders Quinn 2010 – 1.3m policyholders Make sure the insurer is approved by the Financial Services Compensation Scheme…

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Key Facts – High Net Worth Personal Insurance
January 26, 2017

Key Facts – High Net Worth Personal Insurance

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KEY FACTS – High Net Worth Household Insurance                                                  1. 50% of homes are underinsured Avoid this through our appraisal service/full cost damage & rebuild 2. Automatic agreed value approach From day one all possessions are covered on an agreed value without quibble—this includes motor vehicles and not the market value at time of loss. 3. All…

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