At Syndicate 2525, we aim to offer lower premiums to clients with the best risk profiles, recognising that pricing risks and handling claims are not stand-alone processes linked only by the policyholder’s claims experiences.
We recognise that the time and effort spent by policyholders in managing health and safety directly, and quickly, affects the number of injuries that occur in the workplace and that best practice should be recognised and rewarded.
We assess each client individually so that the claims of the worst performing risks are not paid for by charging higher premiums to the best performing risks; this does not depend on past claims, but rather on the approach to managing health and safety.
Our claims handling model is designed to the very highest technical standards available to ensure that valid claims are paid promptly and for the lowest cost, to the benefit of our clients.
We believe that the claims of the worst performing risks should not be paid for by charging higher premiums to the best performing risks.
When pricing risks, we understand that each policyholder’s claims experience is not the only measure of their risk profile.
We recognise that the time and effort policyholders invest in managing health and safety directly affects the number of injuries that occur in the workplace.
We believe it is an investment for us to contribute to the cost of better understanding of how our policyholders’ workplaces can be made safer.
We look to insure policyholders who take managing health and safety in the workplace seriously and who take all due care in the preparation of methodology and risk assessments for third party exposures.
Our claims handling model should always provide the very highest technical standards available at the lowest cost.
Companies of every size and trade can pay less for their liability insurance with the right approach to risk management