Video: Are you scheme smart?

With an estimated value of more than £8bn in GWP (approximately 20% of the overall UK retail market) schemes and delegated authorities continue to be a vital element of the landscape. And it’s growing.

But for every successful scheme or delegated authority there are many others that either never make it to market; or fail to gain traction for a broker or managing general agent.

To help advise on how a scheme or delegated authority might have a greater chance of success, Gresham chief underwriting officer Robert Munden and Axa director of schemes and MGAs John Heaney offer their thoughts on:

• How to select the right market
• Factors that might drive that selection
• What to look for when choosing an insurer partner
• How to plan and deliver a successful pitch for a scheme or delegated authority
• What a broker or managing general agent should expect from an insurer once a scheme or delegated authority goes live

To support the video, you can also read the associated White Paper: Scheme Smart: How To Get Your Delegated Authority Up And Running, which is available to download on Insurance Hound now.

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