Archive for category: Lorega in the news

The customer’s need for a champion

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Brokers’ Monthly The customer’s need for a champion. Publication: Brokers’ Monthly Author: John Sims Job Title: Chief Executive Officer Date: 9 March 2009 There is much debate about how the credit crunch will affect our industry but the reality is it has already hit insurers hard and sadly an inevitable consequence is the customer will [...]

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Credit crunch!

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Suffolk Business Magazine Credit crunch Publication: Suffolk Business Magazine Author: John Sims Job Title: chief executive officer Date: 20/01/09 With the credit crunch now having a tangible effect on the Suffolk business community it is vital to check adequate insurance protection is in place. Why? Because insurers’ margins are in dire straits, which is currently [...]

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Making brokers look good with LRI

Broker2Broker Making brokers look good with LRI Publication: Suffolk Business Magazine Author: John Sims Job Title: chief executive officer Date: 20/01/09 With the credit crunch now having a tangible effect on the Suffolk business community it is vital to check adequate insurance protection is in place. Why? Because insurers’ margins are in dire straits, which [...]

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Credit crunch – Opportunity to build bridges

Insurance Times Credit crunch – Opportunity to build bridges Publication: Insurance Times Author: John Sims Job Title: Chief Executive Officer Date: 01/12/08 Credit crunch offers the opportunity to build bridges There is no doubt the controversial bail-outs and unprecedented borrowings that have punctuated the latter half of 2008 will continue to attract criticism and controversy [...]

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Treating customers fairly (Part 1)

CIR Treating customers fairly Publication: CIR Author: John Sims Job Title: chief executive officer Date: 05/11//08 Insurance is a promise to pay and at some point during the claims process a policyholder will discover if their insurer will keep that promise. Sadly in the UK most policyholders approach this moment of truth with trepidation. If [...]

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Bridging the gap…

Brokers’ Monthly Bridging the gap… Publication: Brokers’ Monthly Author: John Sims Job Title: Chief Executive Officer Date: 03/11/08 Bridging the gap between aspirational fantasy and economic reality While the regulator’s Treating Customers Fairly initiative requires insurers to provide fair claims settlements, currently the ability of many companies to do that is seriously hampered by the [...]

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Treating Customers Fairly (Part 2)

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The Broker Treating Customers Fairly (Part 2) Publication: The Broker Author: John Sims Job Title: Chief Executive Officer Date: 8/10/08 All of us in insurance at some point will have pondered and complained about the lack of public affection for our industry. While some would say this is because insurance is a grudge purchase, I [...]

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Treating Customers Fairly (Part 3)

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Brokers Monthly Treating Customers Fairly (Part 3) Publication: Brokers’ Monthly Author: John Sims Job Title: Chief Executive Officer Date: 19/05/08 At some point during the claims process a policyholder will discover if the promise to pay they have bought from their insurer is kept. Sadly in the UK most policyholders approach this moment of truth [...]

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High Net Worth (HNW)

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Brokers’ Monthly High Net Worth (HNW) Publication: Brokers’ Monthly Author: John Sims Job Title: Chief Executive Officer Date: 25/03/08 Having been away from the high net worth (HNW) sector for the last twelve months the break has given me a chance to take a fresh perspective on HNW and the challenges facing the specialist brokers. [...]

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What about the commercial market?

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Post Magazine What about the commercial market? Publication: Post Magazine Author: John Sims Job Title: Chief Executive Officer Date: 19/02/08 Ten years ago, insurance for rich people was known in our industry as ‘non standard’. Those early policies for the wealthy were littered with warranties and average clauses. Most brokers dreaded having to deal with [...]

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