Aspen and Starr to enter joint underwriting initiative
1. Aspen and Starr to enter joint underwriting initiative
17 April 2015
Aspen Insurance and Starr Companies have signed a memorandum of understanding to enter a joint
underwriting initiative, the firms announced today (17 April).
Now that it is so easy to obtain online quotes for just about any type of insurance, there is absolutely
no excuse for renewing an insurance policy without checking prices offered by other companies.
Last year I purchased my home and contents cover after getting a selection of quotes from an
insurance price comparison web site. A few days ago I got a phone call from that insurer saying that
the renewal was imminent and that the cost had only risen by a few pounds. When I said that I
wanted to check prices from some other companies online before taking out a renewal, the insurer
managed to find a price some 20% cheaper than his original one. Nevertheless, I visited my favourite
insurance price comparison site and managed to obtain exactly the same cover for another 20% less
than his cheapest quote. Let me say once more...NEVER Never never renew an insurance policy
without checking prices online. All of the insurers have low prices for new customers, so take
advantage and switch to a new company whenever you can get a better price for equivalent or better
cover. Unless there is a very good reason to stay with your current insurer then don't fret over
showing disloyalty to them, I guarantee that they won't show any loyalty to you if you're in the
unfortunate position of having to make a claim!. The following link has Making A Claim on a UK
Home Insurance Policy
The initiative will be branded Aspen Starr Property, and will write business under Aspen's licenses.
It will underwrite international property insurance, with a strong focus on European-headquartered
industrial companies.
Béat Bertschi has been hired to lead the venture, and will report to Heinz Eggenberger, general
manager for Aspen.
Previously, Bertschi was portfolio manager for power and industrial...
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