Product Exposed Residential Unoccupied Property
Broker Spotlight Mark Harrington - IInsure 365
October 2022
Issue
30
Introduction
A message from Richard Burgess Welcome to this issue of ABACUS Exposed. My thanks to Mark Harrington of Iinsure 365 for agreeing to be our spotlight Broker for this issue. With the cost of living rising for us all our message to our Brokers is loud and clear – please work with your customer to ensure their property is insured correctly. We have included information on this subject within this newsletter and would urge you to continue the great work you are doing in protecting your customers. Index Linking is likely to reach 20% in the coming months and this is necessary to protect your customers investment and avoid under insurance and the issues this brings with it. The Consumer Duty is fast approaching, no doubt you are working on this to ensure that you continue to deliver good outcomes for your retail customers. Our work on this has been completed and the internal reviews we undertook have been positive for the business. With the Fair Value, Product Governance and Value Measures reporting all now embedded it has certainly been a busy time for us all with Regulatory changes. We have continued to work hard to deliver high levels of service to you and I would like to thank all of you that took the time to complete our Annual Broker Survey. We are currently collating the results and will share these with you shortly. Thank you all for your continued support of ABACUS and please do contact us if we can help you in anyway. Richard Burgess ACIEH, Cert CII, MCIM, MICA Director & CEO e: richardb@sabacus.co.uk m: 07725 365447
1