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FEB 2009 NEWSLETTER
LFC Shield continues to grow...
As we look ahead to April, it will be one year since Shield Policies was acquired by the LFC Insurance Group. We think it has been a great success as we have not only retained most of our business in a very difficult market but, with your excellent support, written substantial volumes of new business. As each month goes by, more and more of our customers are getting the benefit of the new policy wordings, while still enjoying the ongoing tradition of excellent service that is the cornerstone of LFC Shield.
We are delighted that our high quality team of underwriters have all stayed with us during the changes and they are more determined than ever to help you secure good business at competitive terms. We are also now writing a wider spread of risks than previously, including larger sums insured.
Try calling the team on 01206 212 960 or e-mailing, quotes.quotes@lfcshield.co.uk for a rapid quotation.
Other news...
Commission -
We are extending our enhanced commission levels on Sterling business until 1st April 2009, at which point they will be adjusted to 20% for new business and renewals.
Policy Fees -
Currently we have a percentage scale of policy fees but this can sometimes result in inconsistency of approach. Therefore, with effect from 1st April 2009, we will adopt a simple flat fee of £25 for every new policy.
Commission Bonus -
To reward those brokers who place higher volumes of profitable business with LFC Shield we will be launching a top-up commission scheme with effect from 1st April 2009. The details will be finalised and released in our next newsletter.
Sales Manager -
Mike Adnitt has left the company, with our good wishes, and we are currently considering how best to look after your development needs in the future. In the meantime, please contact me if you would like to discuss any opportunities.
New System -
We have now placed an order for a brand new computer system that will help us deliver an even better service to you, including the option of getting your quotes online if you wish. This should be up and running before the summer.
Fleet Facility -
You may recall that we launched our LFC Shield motor fleet facility in December and we have already done around 50 quotes, converting almost half of them! If you have any fleet business and would like a competitive and quick quote please go to www.lfcshield.co.uk and click on the Fleetline heading.
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