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Ascent Insurance Brokers builds upon 35 years of professional experience bringing a fresh approach to insurance broking and consulting. Our distinct blend of professional expertise and market knowledge has allowed us to develop strong relationships with a loyal customer base and a supportive insurance community. Ever aware of the needs of our customers and of the unrelenting pace of change of the market we operate in, we have shaped our operation to suit the needs of our clients and face up to the challenges that lay ahead of the insurance industry in these trying times. For information regarding our corporate structure please refer to our key contacts.
From its very onset, Ascent was envisaged as a niche operation with a strong bias towards the placement and servicing of national and global Commercial Property programmes. We have since expanded our business into the Construction and Corporate fields. Our current portfolio bears testimony to our vision, as today we place assets worth 75 billion Euros into various insurance markets.
Approach
We believe in the virtues of open dialogue as an effective tool in the attainment of satisfactory and innovative solutions for our customers. In line with this philosophy, we trigger a discussion process with the active participation of our clients, leading to the agreement of a set of preferred outcomes and targets which are in turn embedded into an Account Plan. These targets are envisaged to deliver real value to our customers.
Our pro-active approach has put us at the forefront of the industry. Our philosophy is critical to the delivery of tangible benefits to our customers as it provides a suitable platform to:
- Create measurable value
- Base our remuneration on that tangible value
- Outline a long term action plan for each account
- Create a working partnership with customers and insurers alike
- Conscript the support of other parties to help advance the interests of our customers
- Explore the best suited market solutions for each case
- Assess the benefits of alternative risk transfer solutions
- Deliver professional consulting services bespoke to the needs of our customers
Whereas a traditional insurance broker will look at the rapport with customers as an annual affair confined to the placement of insurance policies, we uphold a different view. We nurture long term partnerships with our clients as the preferred avenue to guarantee access to the best insurance solutions and sustained levels of service, thus accompanying and contributing to the growth of our clients’ business.
We acknowledge that the days in which low premiums were the sole defining feature of an insurance programme are long gone. The progressive increase in the diversity and quality of insurance products, the opening up of the European Union borders to regional insurance trading, the set up of new carriers and the opening up of new international insurance markets are few of the features driving this trend.
Though competitive pricing remains in our view a key feature of any viable insurance proposition, insurance buyers have become highly sophisticated decision makers who conduct a rational assessment of their needs, bringing a broader set of values into consideration. We acknowledge this scenario and collaborate actively with our customers in the process leading to the selection of well suited insurance products and optimum levels of risk retention, both cornerstones of a modern insurance policy.
We encourage our clients to adopt a pro-active risk management approach, with a view to minimising the impact of potential losses whilst improving the safety profile of their business. A key feature of our proposal rests upon the personalised service that we deliver.
Our business approach puts emphasis on the following:
- Quality coverage, backed up by financially secure carriers
- Competitively priced insurance products
- A consistent level of risk retention across the business
- Preferential claims attention
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