Technology
Many technology companies in the U.K are determined to trade profitably whilst investing considerable sums for the future. However, this sector is under severe pressure from overseas competition and many U.K companies have moved part of their manufacturing operation to the Far East in an attempt to secure the future profit of the company.
One client company in the Telecoms sector, which provided cutting edge solutions to both the domestic and commercial market, agreed to review their Insurance needs with three weeks to renewal! Despite a colossal loss in the preceeding year, with a claims reserve 6 times the annual premium, they were delighted with a 16% reduction in premium for the coming year.
We are primarily motivated by a passion to reduce Insurance cost and have enjoyed considerable success in this particular sector. We want to move some of your current expenditure onto your bottom line and will use a time efficient process to pursue this goal.
Ironically, many companies know how to buy steel or petro-chemical derived products competitively but make the mistake of using the same purchasing strategies for insurance. The consequence for such companies is often that they pay significantly more than is necessary, whilst believing that they are shrewd negotiators.