In addition to transactional insurance broking services, thanks to Lothbury UK Ltd’s considerable expertise, advice can be offered on existing insurance arrangements, policies or proposals, charged on a consultancy fee basis. Many clients find that a review helps them determine the right service for their business.
This can include a full appraisal of requirements and solutions, analysis and comparative studies, performance monitoring, due diligence and ongoing general advice.
Example areas of our consultancy expertise include:
Impartial advice about insurance offered by a national membership service including the shortlisting of potential providers, monitoring performance and advice on all aspects of commercial insurance.
Collateral Warranties are a significant contractual feature within the construction sector. They extend common law duties of care and as a result frequently impact upon Professional Indemnity and liability insurance policies. We can provide specialist advice in this complex area.
Advisory Services: Lothbury UK Ltd are proud of their partnership with a significant membership organisation. Whilst Lothbury UK Ltd’s arrangements prevent disclosure of further detail, our independent review service has allowed a large UK body to benefit from impartial coverage reviews which extend from the sophistication of Insurers’ claims departments to their security rating, from the interpretation of policy wordings to a streamlined tender process.