| Dear Reader,
In this issue we focus on
three opportunities and one compliance
issue:
- Unoccupied homes
- Home refurbishment
projects
- Travel insurance - A
level playing field in two months time
- Compliance - Risk
transfer
We welcome feedback. Our
thanks go to all who gave positive feedback on our
last issue. Please enter our competition for a
case of wine. You will need to be quick as the
closing date is 28th Novemeber 2008.
Mike
Foxall |
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Can't move!... Won't
move!... Need
space
"If now is not the time to move it
could be time to change the existing living
space"
With the housing market flat many people
are thinking this way and choosing to adapt their
current living space rather than
move.
As people need more space we
are seeing proposals to add extensions, build up,
down or sideways as homeowners add floors and
convert lofts and cellars into living
space.
Our Magenta R (Homes
Under Renovation) policy has always
produced the most interesting enquiries. As well
as barn and Church conversions there are former
pubs, railway stations, windmills, post offices,
water towers, lifeboat houses and many others we
have been asked to quote on.
From
sizeable projects such as a former Yorkshire
woollen mill being made into apartments to a
simple redecoration we will quote for any number
of months from 1 to 12.
We
accommodate DIY projects as well as those
involving contractors.
There are
three ways to get a quote for Unoccupied Homes,
Home Refurbishment projects or any other
risk
3 Phone 0800 915
9225 and talk to us, which is what
we prefer as it allows us to interact with you to
get a clearer picture of the
risk. |
Risk
Transfer
We have had a spate
of enquiries about Risk Transfer
recently.
The answer is Yes we
do! ...We agreed to it from the day the
FSA started to regulate the insurance
industry.
Furthermore we accept
co-mingling.
We also
subordinate claims on premium
you hold to those of insureds and we have no
claim on any interest accruing to you arising
out of the holding of that premium..
For more
comment go to our website and click on risk
transfer under "Information" down the left hand
side.
www.ugm.co.uk/risktransfer.html
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OPPORTUNITY
KNOCKS!
for More
Travel Insurance Business and New
Clients
In January
2009 travel agents will have to
be authorised and
regulated by the FSA if they
continue to sell travel insurance.
It seems many are choosing not to
continue to sell insurance and are linking up
with local insurance brokers. With an eye to
2009 some brokers have been taking the
opportunity to build relationships now and are
attracting business from travel agents. A
modest flow now could become more substantial
once the regulatory playing field is more
even... and these introductions will be to new
clients who can afford
holidays.
The solution has to be
fast, simple and secure.
*UGM Travel -
available on line whenever you are open.
*Simple declaration - taking care of most
medical issues.
*Documents there and then -
No need to keep a stock of
stationery.
*Normal month end accounting -
Option to show your own fee if you
wish.
To go
directly to on-line Travel Insurance quotes and
policy issue Click
here
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