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All-encompassing solution for Waste & Recycling

Jul 22, 2020 | Business, Waste and recycling

Read time | 5 mins

If you have previously endeavoured to work with your composite partners on this class of business, you will no doubt have experienced a lack of appetite and expertise when it comes to clients or prospects in the Waste and Recycling industry. 

It may be that your existing wholesale partner claims to be able to assist you with placement, but why go round the houses, adding unnecessary links to the distribution chain and ultimately confusing your client when you can come straight to the experts?

You need a specialist partner, a broker who has an in house scheme for Material Damage and the specialist knowledge to place Liabilities, Motor Fleet and Plant/Machinery into selected strategic partners.

Recycling for too long has been tarred with the stereotype of old – by and large this was never the case, in modern times the industry is critical for the environment and our society. These are large scale corporate businesses, heavily regulated with stringent processes in place and must be respected for their corporate practices and use of huge technological advances. No two risks of this nature are the same and flexibility is often required.

At DILM our roots in this sector go beyond the birth of our London Market operation – we have been dealing with Recycling risks for over 20 years – we understand the complex placement structure required.

What makes us different:

  • Award-winning service
  • Exclusive quotes
  • Incentives for cross-class placements
  • Pre-cover surveys
  • Dedicated underwriting
  • Options for full Gross Profit cover
  • Exclusive and bespoke wordings
  • London standing Lloyd’s & A-rated backed Schemes and facilities

Recent placement case study:

 

Our London Market team were contacted by a highly respected retail broker for a risk placed into a competitor – the Policyholder had previously suffered a fire loss. We conducted a full review of processes and put an extensive risk management program in place, materially changing the risk.

The risk was pre-cover surveyed, factors unique to the site risk were managed and contract certain terms provided ahead of inception. The risk bound with a significant saving for the client, safe in the knowledge that they have a new long term partner protecting their interests.

What next?

Download a proposal form and send your risk submission directly to our specialist team.

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