QBE comes under fire for price promise to undercut SME rivals by at least 5%
QBE has come under fire from a number of quarters following a guarantee to "beat any price" from major insurers on selected quotes before the end of March.
The insurer's SME distribution manager Sarah Rhydderch has contacted its broker partners in a communication - seen by Post - headed ‘We will beat any price on Property Owners!'.
It goes onto to state
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on Broker
Q&A: Julian Tomlinson, Alps
Julian Tomlinson, chair and founder of Alps, talks to Insurance Post about the firm’s M&A appetite, delivering value in legal expenses coverage, and why artificial intelligence is like Tinder for claims.
Insurers must stay ‘live’ to broker tech capability
Natalie Ferrigan, head of distribution at QBE, has told Insurance Post that firms must keep tabs on where their partners are in the tech development journey.
Shortlists revealed for Best Insurance Employer categories for 2025 BIAs
Today we can reveal the shortlists for the Best Insurance Employer categories, ahead of the winners being announced at the Royal Albert Hall on the 9th July.
Acrisure valued at $32bn following Bain Capital-led funding round
US-based Insurtech Acrisure has secured $2.1bn in fundraising from a Bain Capital-led funding round, according to its founder and CEO Greg Williams.
Aviva targets midmarket with updated multinational proposition
Aviva has expanded its multinational capability, widening its appetite to businesses with a turnover of up to £250m, Insurance Post can reveal.
Zurich targeting 30% SME growth in 2025
Nikki Lidster, head of SME and trading at Zurich UK, has revealed the insurer is targeting 30% GWP growth in its SME business in 2025.
Markel’s Galjaard outlines plan to double the UK business
Markel’s UK managing director Neil Galjaard shared the business has just signed off a growth strategy that aims to double the size of the business by 2030.
Sedgwick’s Blunt says lack of future insurance CEOs is ‘our fault’
Sedgwick’s managing director for its Talent Solutions unit, Carolyn Blunt, has said it is the industry’s fault that we are seeing a lack of future CEOs coming through.