News

UK premiums - market movement report

Sutton Winson is pleased to release the latest market movements for the UK General Insurance market. The results are for the period 12 months to 31st January 2016. Our full report on the UK market will be released later this...

How far will the FCA go? - FINTECHS

Fintechs will be beginning to consider life under the spotlight following the FCAs announcement of likely Regulation in its annual report 2016/17.

The Banking sector is feeling the pain and constrains of Governance right now...

What makes a great broker?

Good is no longer good enough

...that was the message received from insurance buyers. Being a good listener, possessing an operational understanding of the customer's business, delivering a prompt service, having specialist...

Legal update – The Register of People with Significant Control

On the 6th April 2016 new legislation will be enacted called Register of People with Significant Control Regulations 2016. 

All limited companies must keep a public register detailing those with “significant control” over the...

Subsidence, its causes, solutions and how to financially protect your club

So what is subsidence? 

It's a lowering or collapse of the ground, which can be triggered by a man-made disturbance, such as: building works, a change in drainage patterns, usually caused by damaged drains or a leak, heavy rain...

Could ‘Cyber Re’ become a reality?

In a political environment in which the role of government is reducing, is there a place for intervention in the availability of Cyber insurance? 

When the basics of a functioning market have failed, previous interventions have...

How to mitigate another IPT increase by George

George Osborne has delivered an increase in the Insurance Premium Tax to 10%. 

There are various ways that Sutton Winson recommends to mitigate your premium and IPT.

Fee not Commission

Ask your broker to switch to a fee basis...

Are your insurers admitting and accepting liability claims rather than defending them?

Our clients encounter a frequent frustration where a settlement of seemingly ‘no fault’ claims or reported incidents are subject to unexplained claims reserves.

Why does this happen?

Lack of formal systems and processes in an...

The Secret World of an Underwriter - Am I a good or bad risk?

How good is an Underwriter's crystal ball? How likely am I to make a claim and how do insurers rate me as a risk? These are questions that most would really like to know and so let's give you a peek behind the Underwriter's desk. ...

Don't get caught out! - make sure your Fleet is fully covered

What is Guaranteed Asset Protection (GAP) cover?

GAP insurance provides a financial benefit for a guaranteed up to 25% above the Motor insurer’s settlement.

In the event of a write-off most insurers will settle the claim on the...