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New Demolition Contractors Liability Scheme

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PRESS RELEASE

Incorporated Insurance Group……Announces New Demolition Contractors Liability Scheme

IIGL Knocking Down The Competition

Incorporated Insurance Group Ltd (IIGL) are delighted to announce that they are today (2nd June 2014) launching a new Demolition Contractors Liability scheme to support their ever growing broker base.

Dean Surridge, Head of Contractors Underwriting at IIGL, commented ‘Placing Demolition risks has long been an issue for brokers in the UK. There is such a limited market place for these risks; with many cases having to be placed with unrated markets just to get the cover the client needs. It’s therefore great that we are able to offer our brokers a new product that is backed by ‘A’ rated security.

As the UK economy is now showing significant signs of recovery in the construction sector; getting the right cover is becoming a bit of an issue for brokers. IIGL have therefore been working with their insurer partners to create a new product to help our brokers place these risks in a market that will be approved due to their excellent ‘A’ rated status.

Dean continued ‘Providing insurance cover is only part of our package, we have partnered with a team of Health & Safety experts who will provide their expertise in helping the Demolition Contractors create a safe working environment for their employees and the general public. The service comes ‘free’ with every combined liability policy. ’

DEMOLITION CONTRACTORS INSURANCE SCHEME

  • Exclusive Scheme to IIGL
  • ‘A’ Rated Insurer
  • Minimum Premium £3,000, plus IPT
  • Our Wide Policy Wording Can Incorporate
    • Contractors All Risks
    • Contractors Premises
    • Professional Indemnity up to £5m
    • Directors & Officers Liability
    • Contractors Legal Expenses
    • ‘Free’ Health & Safety Support

Mike Smith, CEO of IIGL, concluded ‘When we started IIGL we wanted to create a company that would work hand in hand with our regional brokers to deliver them niche products that would help them build their businesses. The launch of this product is yet another example of how we have achieved this. It’s also a fantastic vote of confidence from our supporting insurer partners who have seen first-hand how we work closely with our ‘hand-picked’ broker base to write such heavy risks. We’re looking forward to working with our broker to demolish the competition!’.

About Incorporated Insurance Group Ltd

Incorporated Insurance Group are a traditional MGA based in Essex and are part owned by the employees via a holding LLP company arrangement ensuring all members of the team are focused on delivering top quality service to our customers.

The team’s extensive technical knowledge and many years’ experience in UK insurance market has enabled them to obtain highly competitive binding authorities from well established ‘A’ rated insurers. They deal exclusively with the needs of brokers and give them the support to survive and build their businesses in an ever increasing competitive insurance market.

They operate an ‘open house’ policy with their in house underwriters and other key individuals including senior managers and executives, each of whom have the power to make instant decisions thus enabling their broker relationships to grow and strengthen.

Although IIGL is a new dynamic company, they will never step away from having an old fashioned flexible underwriting approach towards business. Whether dealing with brokers online or face to face, they believe traditional business ethics should always come first and their systems will never overtake the personal relationships they build with their brokers.