Liability by Yutree in 2020

Feb 12, 2020

As insurers continue to review unprofitable lines of business, the Lloyd’s Decile 10 strategy still reverberates around the market, uncertainty remains around the future following Brexit, claims costs continue to rise, the ‘Grenfell effect’ continues to cause issues and global disasters continue to occur – talk of a hard market is becoming more commonplace and access to capacity is becoming more difficult.

Liability is a line of business which has definitely felt the capacity squeeze. Yutree have worked hard to cultivate and manage our insurer relationships and we are well and truly open for business with our BIBA approved product, Liability by Yutree. With all of our focus being on UK domiciled business, Brexit is not distracting us from the task in hand which is to deliver excellent products and service to our brokers to help them to stand out to their clients.

“At Yutree, we have worked extremely hard, through all of the changes in the market in 2018/19, to continue to provide our brokers with access to strong capacity, competitive quotes, fast turnaround and expert advice.” – Kevin Hancock, Managing Director, Yutree

We can consider hundreds of different trades on our liability product. These include anything from traditional businesses to smaller quirky start-ups:

  • Contractors
  • Hauliers
  • Manufacturers
  • Wholesalers
  • Online businesses
  • Artisan producers
  • Property managers
  • Sports clubs
  • Coach operators
  • Market stall holders
  • Retailers
  • Training providers
  • Zoos
  • Community groups
  • Oyster farms
  • Electrical contractors
  • Landowners
  • Social clubs
  • Media and entertainment
  • Teepee party organisers!

The Yutree Underwriting team provide fast quote turnaround and document issue along with sound technical advice, enabling you to deliver the best possible service to your clients. Please call 01638 660651 or download a Liability Quote Form and send your enquiries to underwriting@yutree.com.

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