The recent changes in the High Net Worth (HNW) Insurance industry, including several product withdrawals and changes in providers, have resulted in a significant increase in the volume of quotation requests we are receiving.
To help us maintain our high service standards and ensure efficiency, we kindly ask that you consider the following guidelines when submitting requests for quotes:
1. Review the Updated Risk Appetite Documents
Before sending any quotes, please ensure you review the attached and updated Risk Appetite Documents. This will help us assess the risk and ensure we’re aligned on the types of coverage we can provide.
2. Provide the Current Insurer Details
Please include the details of the insurer currently providing coverage for the risk. This information helps us understand the existing coverage and any potential areas for improvement.
3. Include the Target/Renewal/Expiring Premium
Please provide the target premium, renewal premium, or expiring premium for the risk. This allows us to offer competitive pricing and tailor the quote to your needs.
4. Indicate the Policy Due Date
Let us know when the policy is due for renewal or when it needs to be put in place. This information is critical for us to prioritize and allocate sufficient time for review.
5. Specify the Required Response Date
Please provide the date by which you require an answer. This will help us ensure that we have enough time to properly assess the risk and provide a thorough response.
Refer to the attached and updated Risk Appetite Documents
By including these key details, we can better assess the risk and ensure we deliver the most relevant and timely quote possible.
If you’re unsure whether a particular risk falls within our scope or have any other questions, please don’t hesitate to give us a quick call to discuss. We’re always happy to help, and as always, we promise—we don’t bite!
Thank you for your continued cooperation and partnership.
