We did a Q&A session with our principal Momentum. See below our answers. With more than 150 years’ combined experience in insurance and risk management, Sentio Insurance Brokers is made up of professionals who have held senior roles in major global brokers. Founded by Richard Waltier and Caroline Fairclough, the business now has offices in Birmingham, Worcestershire, and Dudley. Name: Richard Waltier Title: Director of Sentio Insurance Brokers What attracted you to becoming an insurance broker?Firstly, it was a natural progression for me because for the past 30 … [Read more...]
Bespoke Risk & Insurance Programmes aligned to your business
We understand the risk environment you operate within and appreciate some businesses can appear to have increased risk than others. This can be as a result of internal or external risk exposures and we work closely with our clients to identify these, analyse their potential impact then mitigate them through effective risk management or transfer into the Insurance Market. What issues might your business face?These will be numerous, below is a snapshot of some of the issues a business like yours may face. Standard Terms of Business (Sale and Purchase)Is ''standard terms'' been repeated on … [Read more...]
Understanding Collateral Warranties
As the owner or manager of a construction firm, you know that construction projects, no matter the size or scope, can be significant undertakings fraught with difficulties and setbacks. Not only are you responsible for doing your job effectively and safely, but you are also responsible for fulfilling your contractual obligations to whoever hired you, whether it was the project employer or a contractor. However, your responsibilities can extend even beyond those parties and apply to third parties using what is called a ‘collateral warranty’. Collateral warranties create a contractual link … [Read more...]
Motor Claims Management Service
We are pleased to announce that clients of Sentio Insurance Brokers now benefit from a dedicated motor claims management service – Momentum Motor Claims. From first notification through to repairs and settling the claim, our team of experts handle the process 24 hours a day 365 days a year. Backed by a network of repairers across the UK and Northern Ireland, we help our clients speed up the process while remaining committed to reducing the cost of claims and vehicle downtime. This includes: One contact point for all motor claims – Just call 03442 438 917 Enhanced claims handling … [Read more...]
GDPR is Coming – Despite the Construction Sector’s Ignorance
On 25 May 2018, the General Data Protection Regulation (GDPR) comes into effect in the EU and across the United Kingdom. Even though it may seem like the GDPR would not directly impact the construction industry—it will. Unfortunately, 70 per cent of construction firms are unaware of the new data protection rules being introduced by the GDPR, according to a YouGov survey. One huge barrier to GDPR compliance for the construction industry is a false sense of security—many incorrectly believe that the industry doesn’t rely on technology. Yet, the construction industry is actually one of the … [Read more...]