Benefits of the framework and achieved objectives:
• Supports Value for Money
For the first time ever, social landlords will be able to benchmark insurance proposals through a transparent and EU complaint route to market and procure all types of insurance covers as well as services outside of the insurance placement scope.
• Access to wider insurance market
Social landlords tender exercises usually generated only up to 3 responses, if not less. We increased capacity with more insurers than ever willing to bid for social landlords risk.
• Transparency
We have created a level playing field for all insurance providers bringing transparency to the process and flexibility to access a wider insurance market.
• Process efficiencies
Desired outcomes will come from the work you put in upfront. Our advice and guidance documents will help you prepare strong market presentation.
• Added value
Our desire is to empower and equip social landlords with the best practice on how to buy insurance. Framework will help create opportunities to have an open dialogue with insurers and insurance intermediaries. Networking and knowledge sharing is key to achieve successful outcomes.
• Insurance consultancy services
Your existing insurance programmes may have been in place for many years . We provide you with access to new consultants. Objective assessment of your requirement and fresh look at your programme will challenge the norm.