What if you could spend less of your time on insurance while also driving a better outcome from the market?
Businesses want to know that the insurance they buy is reliable and that they have paid the right price for it. But for companies without expert in-house buyers it can be difficult to know how to navigate the market. This leaves policyholders dependent on their brokers – who may, in turn, be receiving substantial commissions from insurers that are far greater than the fees they earn from end-clients.
Mactavish has developed a solution to meet these needs. An all-encompassing service that improves the quality of your insurance, drives down costs and removes the burden of managing renewals. We act as a buyer for you, leveraging our deep technical expertise, commercial know-how and buying-power to put you back in control.
Insurance renewals require intensive focus, and that is doubly the case when the market is as challenging as it is today. Our team has worked on some of the most complex policies in the world, and has market leading expertise in risk analysis, programme design, drafting and amending wordings and broker management.
Expert Insurance Management
Insurance renewals require intensive focus, and that is doubly the case when the market is as challenging as it is today. Our team has worked on some of the most complex policies in the world, and has market leading expertise in risk analysis, programme design, drafting and amending wordings and broker management.
By outsourcing your buying to us you can access world-class advice without paying over the odds. Indeed, in many cases our service is at least cost neutral because we seek to drive savings on your behalf. As one of our clients recently said: ‘Just having Mactavish in the room with me gets a better result’.
Find out more about how we work
Upon appointment we move quickly to get a real grasp of your business. We do not start from an insurance market perspective, but instead work from the ground up; analysing your risks and likely loss scenarios before we even think about what policies you might need.
We then gear up for renewal and put our unique approach to insurance buying into action. We consider every possible avenue to risk transfer and are prepared to switch brokers and insurers, or to take creative approaches to accessing capacity that many intermediaries simply would not approach.
We then pick the best available price and terms and negotiate contract wordings so that they really do fit your specific risk needs. We remain in place, always on call to provide the advice and guidance you need throughout the year.
Find out how we helped a secured crucial coverage for a hospitality company
We were appointed by a firm in the hospitality sector after their incumbent broker had a made a mess of their renewal. With just days before their policies expired, the policyholder had been informed that it would not be possible to secure some of their most critical coverage, and the cost of what remained was more than doubling.
Moving at speed, we got to grips with the client’s business, analysed all of their policy documentation and risk information before approaching the insurance market. We were able to secure the critical coverage, improve the reliability of their other lines and drive a 30% saving against broker estimates.
We avoided a crisis for our client and achieved a much better than expected outcome, meaning they could get on with running and growing their business.
Take control of your insurance programme
If your business depends on its insurance to protect it from catastrophic losses contact the Mactavish team today so that you can be certain you have the cover you need.
