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Newsletter - September 2007
 
           Insurance Live
September 2007                            Volume 1, Number 1

Rating Revisions

 

Since our launch in late March, we have constantly monitored premium levels and are pleased to be able to announce further selective improvements in our pricing, giving you more competitive quotes across a wide range of risks.

Especially in Restaurant, Public House and other “leisure” trades, we have incorporated a range of improved discounts that are particularly aimed at larger cases.

The even better news is that the majority of quotes that you have created, saved or modified in the last 30 days have been automatically updated with these revisions, which means that you only need to review the cases in your Quote Registry to take advantage of this.

There are some cases (notably those that have previously been referrals) where this has not applied automatically, but to take advantage of these changes simply contact us and we will implement them on your behalf

 

Target Stock

 

Did you know that facilitâs do not consider Wine & Beer stocks as "Target". The item on the Quotation system that refers to Alcoholic Spirits means just that! Whisky, Vodka, Gin, Brandy, Cognac, Rum, etc. and Liqueurs.

This will make a significant difference when quoting for Licensed risks.

In addition our own research has revealed that most establishments that sell tobacco stocks generally have these delivered on a daily or every other day basis to avoid having to carry large stocks.

Bear this in mind if you are asked to quote for high tobacco stock sums insured, as the limit being selected may not be necessary.

If you would like to discuss this or indeed any individual risk where Target stocks are a feature please do not hesitate to contact any one of the facilitas team.   

 

Security / Acceptance Criteria

Following broker feedback we have reviewed our acceptance criteria and this has been relaxed in some areas to assist you in placing business with us.

  

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