New venture set to open up high-risk market to brokers
A new service has been launched which will allow brokers and IFAs to tap into the lucrative 'impaired lives' market. If successful, the facility could also save the industry up to £100m a year in wasted administration fees, according to Garry Heath, chairman of the new venture.
The Special Risks Bureau collates and processes applications for difficult insurance cases, such as impaired lives, hazardous pursuits and occupations.
The high-risk clients targeted by the service are typically those w
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