Self Insurance – A boost to your cash flow – but is it also risky? For larger more complex clients self-insuring can be a very effective means to enhance cash flow or insure parts of their operations that are difficult or very expensive in the traditional insurance market, but is not without risk. One option…
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Category: Fleet
Ogden tables – what can you expect to change for the remainder of 2017
The UK motor fleet and liability market is reeling from the effects of the change in Ogden discount rate that came into effect from 20 March 2017. But what can clients expect to happen with their insurance renewal rates now? And what will happen in the future, read on to find out more. What is…
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Equity Red Star will not be offering renewals on general haulage with effect from 1st June 2017
Equity Red Star are planning to withdraw from the General haulage fleet and courier insurance market from 1st June 2017 Insurers are counting the costs of the Ogden discount rate reducing to -0.75% and in a market where some general haulage and courier insurers are operating at a loss, ERS have taken the necessary but…
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How telematics can help reduce fleet costs
How Telematics Can Help Reduce Fleet Costs. Technology has come a long way since the early telematics systems of 10 years ago. Real time video of actual or potential accidents can be instantly sent to your fleet centre and insurance company and this is helping reduce cost making it easy to get the right information…
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Specialist Insurance for the Transport Sector
As a specialist transportation insurance provider we understand the risks facing operators in the road and marine industries and can either provide products that meet the your property, business interruption, liability, goods in transit and motor needs or construct bespoke cover tailored to your specific requirements. Specialist advice makes the complex job of arranging insurance…
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So why could motor and liability premiums increase?
Last week, Lord Chancellor Elizabeth Truss announced a new discount rate of -0.75% for personal injury awards from the current +2.50% with effect from 20th March 2017 (per annum). This will mean an increase in claims payments for any personal injury claims and will affect motor and liability policies with immediate effect. This is one…
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Can You Afford Not To Talk To Us?
We are commercial fleet insurance experts with a reputation for providing the best terms available – please contact us today for a FREE quotation Whether you run a few vehicles or manage a larger fleet, they are critical for the success of your business. We can help you protect them but give you a competitive edge at the same…
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