We focus on the various methods available when reviewing our clients' insurance and risk management programmes, namely:
- The Conceptual Review - a review without approaching insurers
- Costed or Open Market Review - a review where insurers are approached by all reporting brokers
- Nominated Market Exercise - where specific markets are allocated to competing brokers
Irrespective of which review method is selected our clients have found conducting a review has achieved many of the following benefits:
- Improved cover at similar or reduced cost
- Cover in unusual or difficult situations
- Confidence that there are no gaps in cover
- No "quick wins", but long term savings
- Technical expertise
- A complete, prompt service
- Ability to handle health and safety and other regulations
- Imaginative thinking leading to new solutions
- An open relationship - a partner rather than just a supplier
- Access to first class insurers to share the risk
We have produced a free guide on how to carry out insurance reviews and what you should expect to gain from the review process.
For further information please contact us on:
Telephone: 0151 236 5656
Email: info@griffithsandarmour.com
