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Follow on Google News | Specialist Insurance Broker Network Launched Online For Cheaper Specialist Risk CoverEver had trouble placing unusual or specialist insurance risks? The launch by Insurance Comparison company Insuretec Ltd of an Insurance broker placement service for non standard personal and commercial insurance risks, looks set to change all that.
By: Insuretec Ltd All that is set to change from today though with the launch of an automated specialist insurance quoting system from UK online insurance marketing system leaders Insuretec Ltd. Company Director Paul Moran explains. "The problem with placing specialist risks in the UK Insurance market is the specialist nature of the risk itself. You only have to open up the back pages of the UK Insurance press to see a vast amount of broker to broker specialist insurance services. " "As a customer looking for specialist risk cover this inevitably means that even if you visit your friendly high street insurance broker, your business will be passed onto one of these specialists, increasing the number of intermediaries in the chain, causing increases in premiums and problems when claims arise." "The problem is exacerbated by the vast types and divisions of specialist insurance that exist - everything from a range of specialist car insurance and motor insurance services, to an even larger specialist home insurance market with high net worth, thatched properties and let property insurance services, to name but a few; and of course, endless commercial insurance and business insurance schemes." " At Insuretec we have been placing Internet specialist risks for over ten years now, which until now has involved a team of people. This process has now been automated, in part due to the business information accrued from the companies mergers and acquisitions arm which has been involved in the sale of billions of pounds worth of UK blocks of business over the last ten years." "This information has allowed us to see, not just which insurance brokers are offering specialist insurance services, but who has which schemes and who with the largest accounts can therefore offer the most competitive rates and cover." The online insurance broker network comprises of over sixty specialist insurance brokers. It can be found at http://www.insurance- # # # Insuretec Ltd are an Internet specialist insurance comparison systems design and marketing company. We offer alternative insurance markets for UK consumers from the standard price comparison websites End
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