First quarter in review
It has been a frenetic but successful start to 2020 for the team at Nelson Motor. We caught up with our Director of Motor, Andy Wright, for a summary of Q1
In February, we relocated to a new office suite in the heart of the business district in Manchester City Centre. Our new home in Lowry House provides us with a modern workspace to support our future growth, whilst also giving a long term commitment to the Manchester insurance market. We welcome any brokers who wish to get in touch for a catch up, or to present any risks to us for consideration.
We welcomed Lee Kendrick-Walker to the team on 1st March, joining us in the newly created role of Motor Underwriter. Lee has an in depth knowledge across the motor class, whilst also being in the unique position of previously working in both the claims and underwriting areas. It was an important step to recruit the first team member, ensuring we brought someone in with the right blend of skills, experience, but more importantly, someone who believes in the Nelson values.
March has presented a challenge globally, with the Covid-19 pandemic affecting everyone. We quickly implemented our business continuity plan on 19th March, with a seamless transition to working from home for the team. We have worked with our claims and MID partners, to ensure there is no disruption to our service levels during this period. We have also agreed to support policyholders with reductions in cover and providing cover for NHS volunteers in the community. Please speak to your usual underwriter for more information.
The foundations put in place in 2019 allow us to now accelerate our growth plans as we move further into 2020, by adding new brokers to our panel. For those brokers who are not currently trading with us, we offer traditional underwriting, in a technology led environment, supported by A rated capacity. Please get in touch to discuss how we can support you and your policyholders.
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How are you keeping fit until your sport club is open again?
Research has repeatedly shown that sedentary lifestyles have a negative impact on physical and mental wellbeing. Since lockdown measures were introduced in late March, health professionals have constantly reiterated the importance of carrying out regular exercise.
60 second Q&A with Lee Kendrick-Walker
Why did you join Nelson Motor – Opportunity and challenge. The chance to grow and develop a book, and help shape the development of that book
New emergency flood relief fund available for sports clubs hit by recent UK storms
A new emergency flood relief fund has been set for sports clubs and facilities that have been negatively impacted by the recent bad weather, namely Storm Ciara and Storm Dennis. Sports pitches and facilities that were damaged or destroyed by the recent storms can apply for emergency grants of up to £5,000.
80% of commercial properties are underinsured
A staggering 80% of commercial properties are at risk due to underinsurance. According to a leading building surveyor, owners of commercial property are putting their assets at risk, estimating 80% of commercial property is underinsured by between 20% and 45%.