Business Insurance Claim Case Study

Cherrypicked Insurance Brokers are part of the Willis Commercial Network and it was this backing that helped a Cherrypicked Broker to solve a complex business insurance claims issue for one of its clients:

The Cherrypicked Insurance Broker’s printing client suffered a loss that reduced their turnover by 90%, causing serious cash flow issues that threatened the existence of the business.  It soon became clear that the insurer was in danger of repudiating the business insurance claim on the advice of a third party.

Although the insurance broker and the client’s trade body were convinced that the insurer was mistaken in its belief and that this would become apparent on further investigation, the cash flow issue threatened to make that issue irrelevant.

The Cherrypicked Insurance Broker then contacted the Willis Network’s specialist claims team that they have access to, which immediately offered its support.  After arranging meetings at the highest level with the insurer the business insurance claim was settled within 10 days at a level that was acceptable to both the client and the insurer.

Cherrypicked Insurance Brokers are all members of the Willis Commercial Network and this relationship was instrumental in resolving this business insurance claims issue for the client.  Via this relationship, the brokers have access to a vast array of global and specialist support that is not commonly available to regional insurance brokers.

Last reviewed 26/9/2011

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