Group Companies - UK Underwriting Ltd.
UK Underwriting Ltd represents the technical development hub of the UKU Group, offering a significant and diverse range of personal lines and specialist niche products.
A Unique Approach
Our strength is our ability to adapt to the requirements of our Clients, developing unique propositions for their respective marketplace.
Our low cost base allows us to create schemes quickly and efficiently without the need for minimum income thresholds. This sets us apart from the competition and allows us to test new ideas, working closely with our Clients to understand the impact of new covers.
Pricing
Our pricing strategy is to offer net rating in order to allow our Clients to manage their margin and distribution costs. By working in partnership with our Clients we seek to establish pricing that optimises the business opportunity.
By tailoring policy cover according to Client requirements we can further refine our pricing approach to reflect a unique product designed for the specific market segment.
The UKU travel insurance portfolio extends to a full suite of products with the added benefit of wide acceptance criteria. This has enabled a significant market share to be established that has in turn resulted in the development of in-house capability for sales, service, claims and emergency assistance services. This ensures our Clients have a one stop full service solution available to them.
The ability to offer robust ‘white label’ solutions has enabled UKU to secure the business of high profile Clients, whose brands have immediate recognition for value and online service efficiency.
To see a list of the products we offer under Travel Insurance, please click here.
The property insurance portfolio extends from home buildings and contents insurance through to ‘domestic use’ property stock. With particular focus on Social Housing and Let Property business, UKU have again established an expertise that ensures broad acceptance and tailored cover generating significant business growth.
UKU has the added capability of writing niche schemes for specified items enabling scheme holders to work with retailers, manufacturers and/or affinity groups in order to create incremental revenue.
To see a list of the products we offer under Property Insurance, please click here.
Financial & Specialist risks by their nature, cover a diverse range of areas with our current portfolio extending from brown and white warranty through to payment protection insurance. A range of motor ancillary products has also been developed.
In each area, product design adopts an understanding of the different routes to market and offers a flexible option for Clients to utilise their own Administrator and Service Networks.
To see a list of the products we offer under Financial & Specialist Risks, please click here.