Review: Protecting the protectors

bouncer-security

This product has been reviewed by brokers and rated from one to five stars, based on the policy’s key benefits. * = Poor ** = Average *** = Good **** = Very good ***** = Excellent

Products: Insurance Schemes for Security Companies

Underwriters: International Company of Hanover

Commission paid: Negotiable

Coverage: UK and Europe

Standard Policy Excess: £500

Contact: Sheikh Imitaz Mahmood 020 3008 4775

sheikhi@macmillansheikh.com

Key Benefits:

▶ Covers manned guarding, alarm/CCTV installers, door supervisors, stewards, fire extinguisher suppliers/maintenance, wheel clamping, and close protection companies

▶ Cover includes non-standard features such as: loss of keys

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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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