Why are there no comparable covers available through commercial insurance brokers?
Following the consolidation within commercial insurers over the past 18 years, very few insurers outside London market or Lloyds have the experience or innovation to focus on this particular sector plus Keyman policies have become the domain of the life industry and often suffer from the same complex and time consuming application procedures as many life products. There is a realisation amongst commercial brokers that entering into discussion with their clients on one of their key assets, their people, is opening a discussion where few solutions actually exist or are accessible to the commercial broker. Until now.
