UK Broker Awards 2016 – Customer Service Award Winners

UK Broker Awards

Friday 16th September marked the day of the 2016 edition of the prestigious UK Broker Awards. Kingsbridge were nominated in four categories – the Digital Broker Award, the Best Employer Award, the Customer Service Award, and The Broker’s Insurer of the Year. We were delighted to take home the trophy for Customer Service, triumphing against some hardy competition. It was a just reward for the tremendous hard work our team put in every day, and we were particularly pleased to be recognised for our contribution by our peers and contemporaries within the industry.

Kingsbridge sent a delegation of 10 to attend and much fun was had by all. Expertly compered by Romesh Ranganathan, the day was a great success full of great food, sharp suits, and the occasional misplaced bid on a signed Eric Cantona shirt. We’d like to send a hearty congratulations to our fellow winners and nominees, and a big thanks to the team behind the awards for a superbly orchestrated day. Enjoy a selection of photos from the event below. Here’s to next year!

Read more

Why do I need Legal Expenses insurance?

Legal Expenses Cover

The idea of Legal Expenses cover may seem a bit scary, especially if you are just starting out as a contractor. After all, we’re sure you don’t intend on getting embroiled in any legal battles!

But, intentions aside, being a contractor does carry risks and it can be unexpectedly easy to find yourself in the middle of an unforeseen dispute — whether because of something you’ve done, or even because of something a client has done.

Read more

The First Annual Kingsbridge Pottery Festival

Kingsbridge Pottery Day

Throughout the annals of history, many significant happenings have taken place in August. The Perseids metor shower. International Clown Week. The birth of Lawrence of Arabia. The death of Elvis PresleyNational Chop Suey Day. Despite such a momentous month hardly needing any further excitement, we threw caution to the wind and last week hosted the inaugural Kingsbridge Pottery Festival. To those who may previously have considered the insurance industry to be stuffy, boring, or strait-laced – consider yourselves forever rebuffed. Needless to say, much fun was had by all.

Read more

What’s the difference between ‘any one claim’ and ‘in the aggregate’ cover?

Any One Claim Vs. In The Aggregate

At Kingsbridge, we’ve recently made some changes for the better to give contractors even more comprehensive insurance cover.

Previously, our Professional Indemnity cover was offered in the aggregate. However, for policies starting from 1st July onwards we have now improved this by changing the basis of cover to ‘any one claim’. This is great news for contractors, but what does this mean to those not fluent in insurance-ese?

Here, we outline the difference between ‘in the aggregate’ and ‘any one claim’ when it comes to our contractor insurance in order to make a clear distinction between the two.

Read more

Kingsbridge Partners with Zurich

Zurich and Kingsbridge

Kingsbridge are delighted to announce that we have agreed to partner with Zurich Insurance Group from 1st July 2016 onwards. By combining their world-renowned insurance expertise, strong financial rating and global brand visibility with our second-to-none contractor cover we will be able to look after our clients better than ever before, whilst also continuing to grow as a business.

Working with Zurich has allowed us to improve the limit on the Professional Indemnity portion of our insurance package. The limit will no longer be in the aggregate, but will instead operate on an ‘any one claim’ basis with no extra cost involved. For policies starting from 1st July onwards, any Professional Indemnity claims made will now be covered up to the limit selected by the policy holder each and every time a claim is made.

Going forward it’ll also allow Kingsbridge to cover a wider range of occupations, and gives us the ability to broaden the scope of the products we can offer significantly.

Zurich is one of the world’s largest insurance groups, and one of the few to operate on a truly global basis. With over 55,000 employees serving customers in more than 170 countries (including 11,000 in the UK), our clients will be safe in their hands. We look forward to a long and fruitful relationship as Kingsbridge continues to develop and progress.

A Different Gear: Kingsbridge Sponsors Charity Bike Rides

Sponsored Bike Rides

Whilst many of the staff here enjoy a physical activity or two, it’s a sad fact that most of us spend our days seated (whether in a car or at a desk). As such, it was a pleasure to live vicariously through the Herculean efforts of two groups of cyclists closely affiliated with Kingsbridge recently. We were delighted to sponsor both the 3 Cycling Amigos of Pennon Group on the well-trodden but still fearsome path from Jon O’Groats to Land’s End, as well as our good friend Giles Derry of Dunedin and his crew Lost! Again on their almighty journey from Locorotondo in Italy to St. Tropez in France.

Read more

Britain Exits The EU: The Kingsbridge Position

Contractor Brexit

In the event of the UK public’s decision to leave the European Union, Kingsbridge would like to put on record our thoughts. In a recent survey conducted with our contractor client base the majority of those questioned preferred to remain in the EU. As we now know, this will not be the case. Nevertheless, we do not foresee a British exit having any major impact on our clients, all of whom are headquartered/based in the UK.

Many contractors that we spoke to were forthright in their belief that their unique skillsets and job suitability will remain in demand in the event of a Brexit, and we support that assertion. As one particular respondee noted: “The right skills are always required.”

With regard to our corporate and commercial clients, we see no major impact to the UK water industry in the immediate future, although there may be less regulation over time once a Brexit is complete. For the insolvency practitioners we work with we also expect very little in the way of change.

Whilst it is difficult to predict the consequences, positive or negative, of a Brexit at this early stage Kingsbridge will stand behind all of our clients and partners whatever the future holds. Over time we may see some large employers and users of freelance contractors (banks, the aerospace industry, the automotive industry and so on) impacted by loss of business which may in turn have an impact on their use of contractors, but it remains too early to tell. The freedom to set our own terms that a British exit allows our country could well lead to an economic landscape stronger than we have ever experienced before.

Kingsbridge will continue to watch as this historic, once-in-a-generation event unfolds, and we will support every single one of our clients as required.

Dunedin Continues to Grow its Financial Services Portfolio with Investment in Kingsbridge

Kingsbridge Dunedin

Dunedin backs secondary buyout from Livingbridge

1st June 2016

Dunedin, the UK mid-market private equity house, today announced that it has backed the buyout of Kingsbridge Risk Solutions (“Kingsbridge”), an insurance broker for contractors and corporates.  The transaction, sees Livingbridge, the mid-market private equity firm that backed Kingsbridge in January 2014, fully exit the business.

This is Dunedin’s second investment in the financial services sector this year, following the buyout of Alpha Financial Markets Consulting in February 2016.

Founded by the current CEO Steve Wynne in 2001, Kingsbridge is the UK’s market-leading provider of insurance services that are tailored to meet the needs of contractors, freelancers and independent professionals, as well as the compliance requirements of partners including recruiters and accountants.  Working alongside its strong partner network, Kingsbridge covers the broadest range of industry sectors in its market, including aerospace, banking and finance, rail, automotive, nuclear, oil and gas and information technology.

Read more

New to Kingsbridge: Meet the Team

Meet the Team

As a growing company, we’re always on the lookout for new staff. As fresh faces appear in the office we like to welcome them with a series of questions and some stark black and white photography. You can see all of us over on the Meet the Team section of our website, but we’d like to introduce you to three of our newer recruits below. We’ll continue this series on an irregular basis as the ranks at Kingsbridge HQ continue to grow. Without further ado, meet Jane, John, and Rob.

Read more