Sunday, September 05, 2010
 
Business Areas

Special Risks Insurance

Citynet has developed into one of the foremost scheme brokers in the London Market.  This year we will place in excess of GBP 10,000,000 premium into Lloyd’s and the London Market on behalf of our retail brokers.

We are uniquely placed to be able to satisfy the needs of our brokers either by placing an established book of business or developing a new facility.

Wherever possible we try and utilise an internet based e-commerce platform so that even the smallest risk can be processed efficiently and in sufficient volume to generate enough critical mass.  The platform lends itself to Property, Liability, Professional Indemnity and Directors & Officers Liability Insurance.

Exclusivity combined with general rates of commission earned, is an attractive alternative to the more traditional way of transacting business.  If you are interested in a long term partnership then please contact 

Richard Scott
 
 
Direct Dial +44 (0) 20 7488 7965
 
Mobile +44 (0) 7971 989163

 


Schemes Minimize

Optis

Citynet Insurance Brokers have arranged a new liability facility for Optis Insurance in the Republic of Ireland with Amlin.

Optis insurances are an innovative product producer who use the internet to distribute "small ticket" commercial insurance products to their panel of brokers, in Ireland.

Using web technology, all policy quotations and cover are provided and bound in real time, along with the relevant documentation.  This system provides contract certainty in real time, which is a major attraction to underwriters, along with the considerable efficiencies involved in electronic trading.

Citynet worked closely with Amlin and Optis to bring this project to fruition.  "We are delighted at the close partnership which we developed with Optis in getting this project up and running in a short time frame" said Richard Scott a Director of Citynet.  "Optis are a start up company who have a vision of efficient product distribution which closely mirrors that of Citynet, and we are very optimistic for the long term future of this and other joint-ventures".

"We believe this is a text-book" example of the partnership approach we can bring to developing innovative arrangements with other brokers seeking access to the London market for their scheme as well as bespoke business", Richard added.

New Haulage Facility

Citynet Insurance Brokers are pleased to announce the launch of a new Road Transport Liability Product , this new facility will offer cover for Employers Liability , Public Liability , Personal Accident and Professional Indemnity and will cater for all areas of the Road Transport Sector.

Road Transport Coverage includes..,

HAULIERS     FREIGHT FORWARDERS     COURIERS     and many more ! 

The facility benefits from very competitive rates , the ability to provide Brokers with full policy documentation within 48 hours and the knowledge that it is being placed with Lloyds of London.

Please contact Andy Reason or Richard Scott for further information.

 


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