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In case you missed it, December started with a bang at the Insurance Times Awards on the 7th December. As a Group we were Finalists in four award categories, came home with a Highly Commended accolade for Lancaster Insurance and sponsored two awards, Excellence in Motor Broking and Excellence in Technology – Broker. The undoubted highlight for many was Anthony Foster’s unique delivery of the winner in the Excellence in Technology Broker Award Category at the beginning of the evening.
With Christmas soon to be upon us, I would like to extend a heartfelt thank you to our broker and insurer partners who have supported our many endeavours, initiatives and events over the course of the last year. Much like the The Wind in the Willows, seeds of change have been sown in insurance, bringing highs and lows to the industry and considerable strain in many cases, but alongside this, fantastic opportunities to those forging ahead with technology.
BIBA is just around the corner and, no doubt, many of you will be wondering what stand we have up our sleeves that can better the dizzy heights of a castle, grandeur of the Roman Empire and last year’s inimitable ‘Bob’s Café’. The answer – nothing!
Despite the Odgen rate largely being billed as the ‘problem of the insurer’ in the press, it is the broker that will likely see the fall out when the customer is presented with a much higher price than usual for their cover. To minimise the pain of these difficult conversations, below is a guide to the where’s, why’s and what fors:
The rationale behind the rate…
Markerstudy Insurance Services Limited registered in England and Wales (No. 2135730) with registered office at 45 Westerham Road, Bessels Green, Sevenoaks, Kent, TN13 2QB. Authorised and regulated by the Financial Conduct Authority (No. 475572).