Insurance reliability

Mactavish provides specialist support to business insurance buyers. Clients engage us when they want to be confident that their insurance programme works as they expect. Our team then provides  them with the clarity and certainty they need to protect and grow their business.

Risk analysis:

All too often brokers and insurers view their clients’ risks as commodities, and only get into the detail after a claim happens, often leading to problems with claims recovery. We believe that every organisation has a distinct risk profile and approach to risk management. Our experts can help you develop a ground-up picture of the real-world risks you face – and the processes you have in place to mitigate them.

We then produce a risk prospectus and supporting materials to help you market your exposures and obtain the right cover. Mactavish played an instrumental role in developing the Duty of Fair Presentation and disclosure concepts in the Insurance Act 2015, meaning that we are uniquely positioned to ensure that the way in which you position your risks is in line with best practice.

Policy wordings and analysis:

Having defined your risk profile we can audit your current policies to ensure there are no major or hidden gaps in coverage, or onerous obligations. We then develop bespoke wordings designed around your specific requirements. These can be used by either your broker or Mactavish to more effectively market your risks and negotiate the right cover.

Insurance Act Compliance:

Although this legislation went live in 2016, many companies today remain uncertain of what they need to do to ensure compliance, without which any large insurance claim recovery is unreliable. With a specialist team led by the architect of the legislation David Hertzell, Mactavish is the leading expert in advising on practical compliance – to ensure you reap the intended policyholder benefits of this suite of legal reforms. We have implemented bespoke, pragmatic solutions with clients across all sectors from large FTSE 100s to specialist niche businesses

Mactavish works closely with its clients to audit existing arrangements, analyse risk and set requirements, draft changes to contracts and oversee placement to improve the reliability of insurance policies.