If after quoting from its wide panel of commercial insurers Berkeley Alexander is unable to improve upon a renewal premium from an existing insurer, it is promising to better those renewal terms by 5%, subject to qualifying criteria.
In addition, the firm is also prepared to deduct an additional 17.5% from the reduced premium in lieu of commission, thereby generating a cost saving in excess of 20%.
Geoff Hall, managing director of Berkeley Alexander, said: “We know that advisers’ time is precious, as is their income, so we’ve come up with what we think is a great way to save on both fronts when it comes to their own office cover.
“The offer is available to all directly authorised advisers, as well as to those appointed representatives who are allowed to deal with us.”
