Folgate’s property line size has increased to £40,000,000

Ian-Russell,-Group-CEO-and-CUO,-Folgate-Insurance

Following further success and uplift in quotations and incepted policies, Folgate has increased its line size to £40,000,000 for any one location.

All of Folgate’s property products can cater for risks up to £40,000,000 subject to underwriting criteria (including uplifts, if applicable) and can be submitted via their online trading platform, as a presentation, or through Acturis. However, these risks can sometimes be complex, so please pick up the phone to your Broker Account Manager or a Folgate Underwriter.  Alternatively, your London Market Broker can contact us to discuss this in more detail if they wish.

Ian Russell (pictured), CEO, said, “Things are moving fast from the Hadron acquisition, and we will continue to enhance our offerings with our A- Rating”.

Authored by Folgate Insurance

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About Folgate

Since our establishment in 1993, we have always built our business on relationships and service via our UK broker partners, each of whom have direct access to a selected Business Account Manager.

Our commercial lines products include property owners, shops, offices, hotels, commercial combined, contractors, tradesman, cleaners, excess of loss and professional indemnity, all traded via our own extranet system as well as a select presence on Acturis.

Brokers have the ability to quote and buy on our on-line trading platform, but also have direct access to our experienced underwriters for anything they need to discuss, or to send submissions over.

Our limits per risk are as follows:

  • Property £30,000,000
  • Employers Liability £35,000,000
  • Public & Products Liability £35,000,000
  • Professional Indemnity £10,000,000

We strive to constantly evolve our products and offerings, with some exciting new launches coming soon, including more via Acturis.