Expertise from A-Z: Safe as houses

london-houses

Overseas investment in London has meant high and stable property prices. How can insurers stay in touch in such a competitive arena?

You won’t find many brokers and insurers that focus on residential or commercial London property complaining about the sizes of their sums assured. According to the Land Registry, the average price of a home in the capital this October was £499,997, having risen by 9.6% during the previous year.

Furthermore, while the momentum has been slowing with prime property, experts are not predicting that the party is going to end in tears anytime soon. Even at the top end of the residential market, there

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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