The UK and global insurance markets continue to be deeply affected by the COVID-19 epidemic, with insurers and insurance intermediaries offering guidance to affected policy holders. The UK FCA has provided detailed information on COVID-19 and Business Interruption insurance which can be seen [HERE] https://www.fca.org.uk/firms/business-interruption-insurance
As a company who have invested heavily in technology over the years, we are delighted to recognise that years of investment and hard work has allowed our teams to adapt seamlessly to safeguard our colleagues, their families and of course our national hero’s – our frontline emergency workers.
The Lloyd’s and London insurance market, like us, is very much trading, renewing policies, underwriting new business and responding to claims. Our cloud-based trading platforms have proved a huge success in that the flow of data and premium is uninterrupted; thus, offering our clients and partners an unrivalled fully integrated service.
We will continue to update this webpage as the situation and circumstances evolve in line with government guidelines and market conditions.
If your organisation has been affected by business interruption, new/pending claims or difficulty in obtaining renewal quotations from your existing insurer/broker - please contact us in complete confidentiality to see how we can assist; from business interruption insurance advice, claims management and silent review services to ensure your business continues to be insured, with no ‘Gap in Cover’.
To assist our clients and partners through this difficult time, we have established a number of initiatives ranging from flexible and dedicated working solutions, cloud-based data-rooms and bespoke, flexible insurance policies and payment plans.
We are thankful to our emergency services, National Health Service (NHS) and front-line keyworkers for keeping the UK safe and we are truly honoured to be working with such clientele during these difficult times. We will come out stronger, with togetherness and a determination to make both UK and our global partners prosperous by supporting our SMEs, corporates clients and partners.
A number of our clients and partners are already working on a number of Telemedicine solutions, Clinical Trials testing - directly relating to COVID-19 as well as a number of privately backed initiatives to assist the ‘Test & Tracing’ of COVID-19.
Whilst the epidemic endures, opportunities will naturally surface – where we will actively work with you to ensure we are able to make a better tomorrow.
We wish you well during these unsettling times.