Folgate Insurance are keen to expand its’ binding authority portfolio!
A Binding Authority is an agreement whereby an insurer delegates underwriting authority to another party known as the Coverholder. The Coverholder is usually an Insurance Broker or Underwriting Agent. When placing risks under a Binding Authority a Coverholder acts on behalf of the insurer in all respects.
Folgate can offer Binding Authorities for the following classes of business:
- General Liability
- Professional Liability
If you are interested in Folgate providing you with your own binding authority then please contact our Chief Underwriting Officer on 020-7256-3100 or email firstname.lastname@example.org.