Unjustified renewal increases or declined renewals?

Are you seeing unjustified rate increases or renewals/schemes being declined? During June and July, we have seen a substantial increase in brokers sending us renewal submissions/presentations because the current insurer has increased rates heavily or declined to renew due to a change in Underwriting Strategy. We have also seen a few existing small schemes that have… Read more »

UK regulator approves Folgate licence to write primary insurance business

Wednesday, 27 June, LONDON: Folgate Insurance Company Limited has received approval from the Prudential Regulation Authority (PRA) to start writing primary insurance, as well as reinsurance. All business written through Folgate will be underwritten by Managing Agent APC Underwriting – in a similar set up to a Lloyd’s syndicate. “We believe this is the first… Read more »

Student Let Cover From APC

We have the following benefits and cover extensions available under our Residential Let product specifically for students: Halls of residence and single properties available for properties up to £10,000,000 sum insured per location Malicious damage by students up to £5,000 Multi location policies available Bespoke 60 day unoccupancy extension on student lets for buildings becoming unoccupied between 1st June and… Read more »

Insurance Times MGA Survey Report!

APC receives 3rd place in Insurance Times MGA Survey Report! We would just like to extend our utmost thanks to each and every one of you that took the time to vote for us in the MGA Survey run by the Insurance Times. Please find our results below:- Ian Russell, CUO said “We are extremely pleased… Read more »

APC are looking for your Airside and Aviation Liability

We are able to insure a wide range of UK domiciled companies and contractors who have airside or aviation product liability exposures at UK, European and Non-European airports (excluding USA and/or Canada) plus the use of vehicles airside. Public Liability limits are available up to £100m. We can cover activities including, but not limited to:… Read more »