Insurance for the lubricants industry is a mature market. However, this should in no way encourage businesses to become complacent about their risks. In the previous edition of Lube Magazine, President of Jagger Advisory, Suzan Jagger warned of changes coming their way. Major businesses are now being challenged by independents due to the leading technology and cost advantages of the latter. They must also think about how to create more customer intimacy. This is a challenge for the larger organisations given that the majority of their sales are now through distributors and resellers.
Pen Underwriting incorporating OAMPS can help businesses in this regard. We provide insurance for the lesser known risks such as business interruption, and for the more familiar ones, like damage during lubricant transportation. We also have a 12 person strong in-house claims team with vast experience. Constant communication like this ensures a continually smooth process for our clients, from the moment we provide them with a quote to the moment the accident arises. And should an accident occur, our out of office emergency response service means that we can usually be on site within 2 hours.
Pen inc. OAMPS wishes to help businesses, both large and small, survive insurable events. If you would like to get in touch, our details are as follows:
Kings Court, 41-51 Kingston Road, Leatherhead, Surrey, KT22 7SL Telephone: 01372 869700
LINK
www.penunderwriting.com
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