CUA Underwriting Philosophy

CUA utilise secure capacity to underwrite according to our unique and independent underwriting philosophy. We seek to deploy our capacity and provide immediate access to our experienced and empowered Underwriting Teams. Our underwriters have significant authority to reward positive risk features with competitive terms.

Whilst maintaining this philosophy across all our products, a more streamlined approach is adopted on SME business.

SME PACKAGE AND COMBINED (Premiums under £10,000)

With capacity provided by a panel of two leading insurers our aim is to provide a wide acceptance criteria, superior policy coverage and competitive rating, thus creating a ‘one stop shop’ for SME Business. Our SME product range consists of Commercial Combined, Property Owners, Flat Owners, Offices & Surgeries and Shops.

Our rating is geared to reflect positive risk features and completion of COBRA templates ensures that full information is available and avoids the need for a completed proposal form.

COMMERCIAL (Premiums in excess of £5,000)

Under our Commercial products of Commercial Select, Commercial Property Owners and Flat Owners, our focus is on the individual risk characteristics where we specifically seek to reward above average quality management with competitive terms. We will proactively seek to write risks with the following features:-

  • Excellent management as evidenced by appreciation and control of both specific risk and general hazards including health and safety, ISO and IIP accredited companies.
  • Modern (post 1980) purpose built well maintained or recently refurbished buildings and machinery with fixed heating systems.
  • Good physical (including perimeter to yard areas) and NACOSS Redcare Intruder Alarm security. Including theft dominant exposures with commensurate security.  
  • Property Only or Combined covers where E.L. is less than 25% of total policy premium.

Complex/difficult risks will be considered for agents supporting us with good quality standard business. Our trade acceptance criteria are wide, supporting this approach. 

To support this objective CUA has appointed skilled & experienced underwriters to individually underwrite risks and develop close and positive working relationships with our select panel.

MOTOR TRADE

CUA offer a comprehensive motor trade policy with capacity provided by one of our “A” rated insurers.  Designed with market-leading cover to help you develop new business and maintain high retention levels on renewal business at sustainable rates.  Suitable for clients with a turnover of up to £3m, other than fuels stations where we can accommodate up to £5m turnover.

Our Let Residential Property contract was launched in April 2009, targeted at the 'buy to let' market from the single house to a portfolio of let residential properties.

LET RESIDENTIAL

To complete our property range of products our Let Residential Property contract was launched in April 2009, targeted at the 'buy to let' market from the single house to a portfolio of let residential properties.

COBRA COUNTY SCHEMES

Formerly County Insurance Services COBRA acquired this established underwriting agency specialising in commercial insurance schemes in 2008. With over 20 years experience and a fast efficient e-commerce approach you can access:

Clubguard - suitable for many club and leisure risks

Dinersguard - suitable for restaurants, pubs, guest houses and small hotels

Propertyguard - suitable for unoccupied buildings

Click here to go to www.countyschemes.co.uk