Have you ever thought of changing your Motor Insurance Wholesaler?

Thu 30th November 2017

Construction Insurance

Wed 1st November 2017

Citynet Insurance Brokers have partnered with a Contractors All Risks Specialist to provide concrete solutions for your construction industry clients.

Key Benefits

• Exclusive A rated security
• London Market wording for regional brokers
• Specialist distribution
• Exclusive distribution
• One stop solution for CAR and Plant
• Target Market – SME’s and Mid Market segment
• Restricted Distribution Channels – by invitation only
• Coverholder at Lloyd’s – A+ security rating from S&P
• Single capacity partner

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Our services are designed to cater for Construction, Erection and Installation work, on both annual and project basis.

TARGET TRADES

including but not limited to:

• Ground workers
• Bricklayers
• General builders including enabling
• Carpentry & Joiners
• Roofing
• Steel erection
• Basement conversion
• Construction plant maintenance & Repair
• Electricians
• Flooring contractors
• Civil engineering
• Office and shop fitting
• Painting & decorating
• Insulation contractors
• Roller shutter installation
• Shelving and racking installation
• Lighting conductors/Installation
• Plumbing, HVAC, Ductwork
• Stone and Masonry cleaning
• Plastering/Dry lining/Ceiling contractors
• Piling/Underpinning
• Concrete Bursting, Cutting, Finishing, Pouring, Repair & Drilling
• Formwork, Shuttering

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The policy can be written on either an annual or project-specific basis and can be arranged in the name of the contractor, principal or joint names, depending on the requirements of the client.

POLICY COVERS

• Contract Works (permanent and temporary)
• Owned Plant
• Hired-in Plant
• Employees Personal Effects
• Materials
• Other Property
• Hire charges from loss or damage

 

EXTENSIONS AVAILABLE

including but not limited to:

• Contract Value Increase
• Debris Removal
• Delayed Start-Up Costs
• Existing Structures
• Public Authorities Reinstatement
• Expediting Expenses
• Hired-in Plant Provision
• Maintenance Period
• Offsite Storage
• Other Interests
• Plans and Specifications
• Principal
• Private Work
• Professional Fees
• Recovery Costs of Materials and Plant
• Contract Works (Permanent and Temporary)
• Show House Contents
• Speculative Development
• Sub-Contractors
• Work Not Under Contract

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For more information, please contact us or speak to our dedicated team

020 7488 7950

[email protected]

 

Cyber Risk – The New Insurance Frontier

Mon 30th October 2017

SMEs, YOU ARE VULNERABLE TO CYBERATTACKS TOO! 

Data breaches aren’t just a big business problem; small and medium-sized businesses with fewer data security resources could be at risk from a cyberattack, ransomware attacks, or data breach by hackers, viruses, or errant employees.

The modern day technology brings with it huge opportunities and for most of the businesses, it’s the only way they can function. But the same technology – the internet – brings with it risks as huge.

If your business relies on technology, data security and the internet in order to operate, protective measures should be in place against invisible threats.

Cyber insurance is designed to provide comprehensive cover, reputation protection and a trusted partner in the event of a claim.

This can cover:

• Cyber business interruption loss
• Privacy breach costs
• Cyber extortion
• Telephone phreaking
• Defamation
• Notifications costs
• Intellectual property
• Hacker damage
• Media liability
• Cyber forensic support

At Citynet Insurance Brokers, we help our retail brokers fully understand the threats faced by their clients and themselves by helping bespoke a product to best suit the need of their individual businesses. As a wholesale insurance Lloyd’s broker, we have access to Lloyd’s market and can deliver the precise, tailored cover needed to protect your business.

Citynet is offering cyber solutions you can rely on for you and your clients’ invisible threats!

• First and third-party coverage
• (including both physical and non-physical risks)
• Stand-alone excess layer policies
• “Introductory” cyber policy products
• Fully bespoke products
• Crisis management services

Our target market includes but is not limited to:

• Professional Service Firms
• Tech companies
• Construction companies
• Media
• Education
• Healthcare Providers & Vendors
• Public Entities
• Retail & Hospitality
• Utilities
• Manufacturing & Wholesale
• SME business through to multinational

It’s important to remember that SMEs need cyber protection just as the large business do.

We’re all vulnerable sooner or later. Get in touch today!

 

• *Lloyds report: ‘Facing the cyber challenge’, 2016
• **UK Gov Cyber security breaches survey 2017

Do you need Terrorism Insurance? – Citynet can help with that.

Thu 5th October 2017

 

Our Terrorism Solutions unique approach is what makes us stand apart from our contemporaries. By working with our broker partners to fully understand the risks faced by their clients, we are able to offer the widest cover at the best possible terms

 

WHAT DO WE DO? 

We arrange all types of Primary and Excess Terrorism Insurance for the UK and International businesses including but not limited to:

• Property and Business Interruption
  Public Liability
• Employers Liability
• Plant and Machinery
  Construction Projects
• Denial of Access

 

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WHO IS IT FOR? 
We can assist with most businesses requiring terrorism cover including but not limited to:

• Commercial Property Owners
• Businesses with multi locations including international
• Pub and Hotel chains
• Retailers

 

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KEY FEATURES

Price: Competitive premiums and commissions

Location Selection: Select which location you wish to insure and which you do not.

Multi-location exposure: Benefit from the cost saving of a combined PD/BI floating first loss sum insured reflecting the true perception of risk

Overseas Exposures: Cover extends beyond England, Scotland and Wales if required, including Ireland and Worldwide

 

WE HAVE THE TOOLS, RESOURCES AND THE KNOW-HOW YOU NEED!

 

For more information, please get in touch.

020 7488 7950

[email protected]

or speak to any of our team members below:

 

Specialty Insurance cover anyone?

Thu 5th October 2017

 

Citynet Specialty Insurance Solutions team understands the complexities of unusual classes of business and are well placed to guide you through the pitfalls and help you to bridge the gaps in a cover that occur in conventional policies.

 

WHAT DO WE DO?

Citynet Specialty Insurance Solutions team arrange all types of Specialty Insurance for UK and Ireland domiciled businesses, including but not limited to:

• Product Recall
• Accidental Contamination
• Malicious Contamination
• Financial Loss
• Product Guarantee
• Environmental Impairment Liability

 

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WHO IS IT FOR?

Our Specialty solutions are targeted towards all technically complex trades, including but not limited to:

• Foundries
• Wholesale and distribution
• Automotive parts manufacturers
• Food and drink
• General manufacturing
• General and precision engineers

 

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WHY CITYNET?

Knowledge is our key to success!

Choosing the right insurance cover is a very important decision for any business, be it SME or large corporate. As a leading Wholesale Insurance Brokers, Citynet has the ability to evaluate which insurers are the most appropriate for writing a risk, whether it is a complex or distressed risk or just a standard risk where a broker needs a competitive price.

 

For more information, please contact us or speak to our dedicated team:

020 7488 7950

[email protected]

 

Citynet Insurance Brokers expands London Market Property/Casualty team with Account Executive hire.

Tue 12th September 2017

 

Citynet Insurance Brokers, a leading wholesale insurance broker in both UK and Ireland, are pleased to announce the appointment of Matthew Wadhams as an Account Executive. Matt joins their London market Property/Casualty division.

With over 16 years of experience in the London Wholesale market, Matt joins Citynet from JLT where he held a position of Associate Director for over 10 years. His responsibilities included the day to day broking and handling of enquiries, overseeing the team and developing new Agent and Underwriter relationships.

In his new role, Matt will be an integral part of the Citynet UK wholesale Property/Casualty division, bringing new ideas and new markets to the team, providing expertise and broking skills necessary to place difficult risks. He will help Citynet’s UK division maintain relationships whilst winning new business in conjunction with new and existing partners.

“Matt is a great addition to the expanding team of quality brokers we have at Citynet,” says Richard Scott, CEO of Citynet. “With over sixteen years’ experience, he brings a wealth of knowledge and contacts with him which will help us achieve our ambitious growth targets.”

Andrew Walsh the MD of Citynet adds: “We are delighted to welcome an individual of Matt’s calibre to Citynet. His reputation and experience within the UK Property/Casualty market will be invaluable to us as our footprint in this space continues to grow.”

As wholesale insurance brokers, Citynet has established itself as a London Market specialist in the placement of Liability, Property, PI, Motor Fleet and various associated classes over the last two decades.

 

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CITYNET LAUNCHES PROPERTY OWNERS SCHEME

Thu 17th August 2017

Citynet Insurance Brokers in partnership with QBE launch The Property Owners Scheme. Combining all of Citynet and QBE’s experience and expertise in this sector we are delighted to be able to offer our brokers access to this NEW & INNOVATIVE product.

Our business is built on our partners’ trust and loyalty

At Citynet we are determined to provide all our brokers with the top level of service and we will guarantee a response to all enquiries within 48 hours of receipt of a submission.We will work with you to design a bespoke solution, structured and priced to suit your client needs.

 

Continuity is key, so we look to the long term by creating mutually-beneficial and enduring partnerships.

For more information, please speak to your dedicated account executive or contact:

    

 

SPECIALIST LIABILITY COVER? CITYNET CAN HELP.

Thu 17th August 2017

Citynet Insurance Brokers has partnered with Newline Group to provide tailored solutions for your clients’ needs.

We put our heart in everything we do! That’s why we have partnered with Newline Group to go the extra mile in providing you with the best cover for your clients’ risks.

Newline Group is a recognised market leader in Life Science and Clinical Trials that recently launched a revolutionary global clinical trials product, which can provide clients with local policies and certification in over 90 countries on a “just in time” basis.

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KEY COVERS PROVIDED INCLUDE: 

• Public and Products’ Liability
• Employers’ Liability
• Life Science Packages
• Excess and Umbrella Solutions
• Package Policies (including Medical Malpractice, Professional Indemnity and Errors and Omissions extensions)

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TARGET SECTORS

With a capacity of up to £15 million per product line, business can be written on a primary, excess and reinsurance basis. Our target sectors are:

• Pharmaceutical, Biotechnology and Life Science
• Nutraceuticals
• Manufacturing Industry
• Recruitment and Labour Supply
• Rail Infrastructure and Operation
• Oil & Gas Sector
• Automotive Industry
• Education

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For more information please feel free to get in touch +44 (0) 20 7488 7950 / [email protected] or speak to our management team below:

     

“This information is for the use of Insurance Brokers and Intermediaries only and should not be shown or distributed to potential clients”

“Newline Underwriting Management Limited and Newline Insurance Company Limited are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority”

BIBA 2016 – Adrian Colosso Interview

Tue 24th May 2016

Click here to the link to listen to our Non-Executive Director, Adrian Colosso, and his views on Citynet and the insurance market as a whole.

http://www.insurancetimes.co.uk/story.aspx?storyCode=1418268

 

 

BIBA Conference 2016

Fri 20th May 2016

Citynet were proud to be exhibiting at the BIBA 2016 Conference and enjoyed a very productive 2 days on our stand, where both existing and new customers visited our stand to learn more about Citynet and our Services & Schemes.

We have already secured some New Business on the back of BIBA which is great news for us and there are a number of new prospects that we are now in the process of following up. 

Finally, we also launched our new website just prior to BIBA and this provides an extensive overview of Citynet including full details of our Services that amongst others included Motor Fleet and Professional Indemnity.