The Broker Network Placement team has helped Member CCH Insurance Brokers Ltd secure an urgent renewal. Using the Network’s exclusive arrangement with Ageas, we were able to obtain a competitive quotation quickly to ensure the long-term relationship with the client was continued.
CCH MD, Darron Brady explains, “The renewal for the long-standing client, was coming off the back of a three year LTA with a well know MGA and despite it being claim free in that period and surveying very well, the trade no longer fell within their appetite and therefore they were not offering a renewal on the whole policy.
“Despite my best efforts, the appetite in the market was not great and the best indications were with a minimum of a 50% increase on last year.”
Looking for a sensible solution with renewal fast approaching, CHH’s BDM, David Neild, directed Darron to our Placement team after an initial conversation.
Darron continues, “I spoke with Kim Chambers who listened to my issue and attacked the problem with tremendous enthusiasm, suggesting Ageas as a potential solution. Ageas provided us with a competitive quotation within three days of being approached; Kim’s intervention and relationship opened up a market we do not use that often. I am pleased to say the client has subsequently renewed through Ageas and I would highly recommend using the Placement team to other Members, they have certainly found solutions to our recent issue and I would also highlight the potential in Ageas.”
Our Placement team have access to a wide range of markets and are always ready to help Members with complex cases such as this, especially in a hardening market. The exclusive arrangement we have with Ageas gives us access directly to the key underwriters and decision-makers, meaning we can get your risk to the right people.
If you’re not currently part of Broker Network and would like to find out more about joining, please get in touch with a member of our team.