Blog: In defence of unrated insurers
Not all unrated providers are the same and a UK home is an important factor to recognise, argues Nick Garner
Unrated insurers are under scrutiny again.
The failure of unrated non-dom Enterprise and the ongoing issues around non-dom Gable have left brokers scrabbling to protect clients from loss of cover.
As the situations play out, brokers have been under fire for chasing commissions over client protection, but in return they complain that established insurers are not interested in non-standard or higher risk lines, and they have no choice but to place business with unrated providers, often domiciled
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