News
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Claims Advocacy and Accountability
Over the past year we have sadly seen a general deterioration in claims services from insurers to the extent anecdotally we think that up to 80% of initial claims settlement offers that come back to us from insurers are incorrect, not in accordance to policy or respected insurance practice.
The facts about Professional Indemnity
Professional indemnity is a class of insurance that protects professional people from actions that might be taken against them for actual or alleged breaches of professional duty, meaning any errors, omissions or civil liabilities arising from their advice or services.
The importance of keeping your Insurance Broker in the loop
Insurance policies are structured on the information provided to the insurer by the party seeking to be insured. An individual or business’ unique situation and circumstances are taken into account when a policy is developed, priced, confirmed and applied.
Where the money for your insurance policy really goes
The next time you see an insurance bill, have a look at the apportionment of the total amount payable. Depending on where the risk is located and the type of policy, you might see;