Acasta is a specialist scheme insurance provider throughout the UK and Europe. We understand that choosing who to place a scheme with is a big decision for brokers. Therefore, we can work with you to ensure all your queries are answered and we can create a product suited to your needs.
We understand the importance of having unique and innovative insurance products to our brokers. Therefore, our specialist scheme underwriters can create products that suit your customers needs. Whether these or new products, or just adapting one of our current products.
Why place your scheme with Acasta?
Tailored Products
We understand the importance of ensuring your product suits your customer’s needs. Therefore, we adopt a flexible approach to ensure products are best suited.
Delegated Authority
We offer delegated authority on our schemes. As a result, our brokers have the ability and freedom to run schemes themselves and handle claims.
Whitelabelled Products
We understand the importance of branding. Therefore, all our products can be whitelabelled to your company’s branding to remain consistent.
Flexibility
Our flexible approach means we can tailor products to suit your clients’ needs. In addition, it allows our partners to trade the way they want.
Tailored Products
We understand the importance of ensuring your product suits your customer’s needs. Therefore, we adopt a flexible approach to ensure products are best suited.
Delegated Authority
We offer delegated authority on our schemes. As a result, our brokers have the ability and freedom to run schemes themselves and handle claims.
Whitelabelled Products
We understand the importance of branding. Therefore, all our products can be whitelabelled to your company’s branding to remain consistent.
Flexibility
Our flexible approach means we can tailor products to suit your clients’ needs. In addition, it allows our partners to trade the way they want.
New Schemes
We understand the work that goes into identifying a new scheme. Therefore, we can work with brokers to identify any issues we have with a scheme and give them a direct answer as to whether we have capacity for it. As we have a range of business classes, we can underwrite a variety of schemes, including niche ones.
Flexible
We adopt a flexible approach with our partners. Therefore, we can work potential clients to review a variety of new schemes. We can also adapt our current range to create a product suitable for your customers.
Value
We can work with you to review other similar schemes and help create a product that provides value for your customers. Further to this, we can review rates within the market to create a product that is competitively priced.
Service
At Acasta, we ensure we regularly update brokers with the progress of their scheme. In addition, we like to keep in touch to ensure there is no mis-communication, and our clients are aware of how their scheme is running.
Existing Schemes
If you are looking to change from your current insurer, we are happy to review any scheme we have a licence for. Most importantly, Acasta’s flexible approach means we are willing to look at your current scheme, and work with you to transfer it across.
Support
Our clients work directly with our underwriters, who are experts within the field. As a result, they can work with you to offer support. Also, they can ensure that transferring your scheme does not disturb the current running of the scheme.
Understanding
We continue to work with our partners to help understand their clients better. Therefore, we can work with them to help grow and develop their schemes, ensuring they get great results.
Experienced
Our specialist scheme underwriting team have many years’ experience within the field. We write a wide range of schemes. Therefore, we ensure all of our products are written to achieve the best possible results for your business.
Application Process
Step 1
Firstly, information regarding the scheme is sent through to our underwriting team to review. Including description of what needs insuring, predicted sales and desired net price.
Step 2
If it is an existing scheme, we will provide you with an NDA and require both sales and claims data from previous years. However, the amount we need depends on the products being sold. This will then be reviewed by our underwriters.
Step 3
Once the data has been reviewed, our underwriting team will be in touch to discuss the data. In addition, they will ask for any further information they may need from you. They can then confirm whether we can proceed.
Step 4
After that, if proceeding, we will arrange a site meeting with yourselves. During the visit, we will further discuss your exact requirements of the product, as well as carrying out a due diligence check.
Step 5
Finally, we will agree the policy wording and claims handling procedure. In addition, we will sign the Terms of Business Agreement and then begin selling.
