Following recent press articles, which have highlighted the concerns of brokers in relation to Insurers quoting one premium for New Business and another for Renewals, we have taken action so as to ensure that this is not the case with ourselves.
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All of our premiums (New or Renewal) are now calculated using the same rating structure as we fully appreciate the argument that ‘you should not penalise loyalty’.This equitable approach should help the renewal process by reducing unnecessary marketing and prolonged negotiations, particularly during a challenging economic climate.
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