Brokers warned of the dangers of underinsurance following Ogden change


Miles Smith has launched a facility advising brokers and clients to look at their liability limits following the change to the Ogden rate.

The wholesale broker sent out a brochure to its 1,200 brokers as well as its direct clients, highlighting the importance of increasing their limits of indemnity to cover the exposure of the Ogden rate.

“It’s not just about premiums, it’s not just about rates, it’s about protecting the customers’ business,” said Sharon Brown, group distribution and marketing

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: