Defeating the Hardening Market – Placing Risks When Others Wont | Servca Ltd

Are you finding significant changes in risk appetites, premium increases and endorsements? Are restrictive terms becoming even more restrictive?

The UK PI market is in a state of flux due to significant losses in recent years. As a result, the market has hardened due to arising uncertainties. Insurers are now rejecting new risks and renewals that don’t meet their brand new refined criteria, making placing risks harder than it needs to be.

But it doesn’t need to be like that.

Here at Servca, we have a dedicated and diligent team of specialist brokers (specialising within Professional Indemnity & Liability Cover) with strong ties to the Lloyd’s of London Market and many MGA’s. Providing nothing less than ‘A’ Rated policies, we’ll have a look at even your most declined risks and see where we can provide the best value.

We have seen a great deal of success in placing the following types of risks:

• Architecture
• Engineering
• Technology
• Fa?ade Contractor
• Structural Engineering [oil + gas sectors]
• Building Contractor
• Nuclear Engineer
• Accountants
• Insurance Brokers
• Surveyors
• Solicitors

The worst thing you can do to your business is settle for partner brokers who just aren’t meeting your company’s needs. If you a struggling to place any of the risks above, then we are eager to discuss how we can exceed your expectations. So if you are seeking a respectable Lloyd’s brokerage with a wealth of experience and dedication to placing risks, then we are the team you’re looking for.

Call us on 0207-846-9010 to discuss how we can help you or give send me a message over on Linked In.

We look forward to working with you.

Patrick Kelley, MSc, BSc (Hons)