In our experience Insurance tends to be bought on price alone, which can lead to unpleasant surprises.
Only when Franklands understands your business are we are able to quantify the risks you face and suggest ways to manage that risk. These include, contract modifications, risk management programmes and of course insurance protection.
Our detailed review means that we frequently discover significant gaps in insurance cover for a potential new client. Our approach allows clients to make a conscious decision on which risks to insure and thus reduce the chance of an uninsured loss.
"We now renew all of our policies at the same time of year and this has greatly reduced the time spent on administration. We have been working with Franklands for many years and they have given us valuable advice on what we need to insure against. Everything runs very smoothly and we know there is always help available when we need it."
MGM Trading Company Ltd.
Case Study
Franklands has recently been appointed to handle the UK cover for a global manufacturer of plastic storage solutions.
Franklands arranged the UK cover for the global firm following a detailed evaluation of the client's operation and its specific requirements, which involved a site visit and a series of one-to-one meetings at the company's UK headquarters.
The national broker who had previously handled the account was offering telephone based services only.
Franklands is now partnered with the company's global broker in Switzerland. Having corrected a number of errors in the insurance cover, Franklands has dovetailed the UK and global insurance policies.
Barbara Kapoor Head of Finance at George Utz Ltd commented "Franklands offer a very personal friendly and professional service. They certainly know the insurance business inside out, a couple of meetings and they were able to save us some 30% on premiums whilst improving our cover."
