Latest news
07/12/2011 - Mercury Rising
R K Harrison's high net worth, performance and prestige motor specialist Mercury West Associates was highly commended in the Insurance Times 2011 Awards Personal Lines Broker of the Year category. The awards were hosted by Vernon Kay at London's Battersea Evolution on December 6th.
The finalists shortlisted included a wide range of brokers serving every part of the personal lines market.
To read about the RKH Group acquisition of MWA, please see story below.
The finalists shortlisted included a wide range of brokers serving every part of the personal lines market.
To read about the RKH Group acquisition of MWA, please see story below.
05/12/2011 - RKH completes acquisition of Mercury West Associates
Employee owned insurance and reinsurance broker R K Harrison Group today completed the acquisition of specialist high net worth broker Mercury West Associates (MWA) following completion of due diligence and the approval of the transaction from the Financial Services Authority.
Established in 2004, MWA specialises in servicing clients in entertainment and professional sports. It has particular expertise in high performance motor insurance and has established partnerships with several high profile associations including the Professional Footballers' Association.
MWA will work closely with R K Harrison's established high net worth team. MWA's high performance motor expertise provides a valuable new service to R K Harrison's existing clients, whilst MWA clients will benefit from the widest range of personal and business insurance services offered through the R K Harrison Group.
Mercury West Associates' Managing Director Katie Small maintains management responsibility for the development of MWA and will also join the management team of R K Harrison Insurance Services, the UK retail arm of the R K Harrison Group.
Commenting on the acquisition, Katie Small said: 'The high net worth sector now extends way beyond house contents and motor insurances traditionally associated with the sector. Clients expect a wide range of products and services specially designed around their lifestyles. They are used to the best. R K Harrison's broad based expertise will appeal to MWA clients.'
Stuart Rootham, Managing Director of R K Harrison Insurance Services added: 'High net worth insurance is an increasingly competitive arena, yet at that top level, the ability to deliver expert products with excellent service is really what makes the difference. MWA brings motor expertise as well as the opportunity to offer our broader expertise to new clients in the entertainment and professional sports industries. The synergies are clear.'
Established in 2004, MWA specialises in servicing clients in entertainment and professional sports. It has particular expertise in high performance motor insurance and has established partnerships with several high profile associations including the Professional Footballers' Association.
MWA will work closely with R K Harrison's established high net worth team. MWA's high performance motor expertise provides a valuable new service to R K Harrison's existing clients, whilst MWA clients will benefit from the widest range of personal and business insurance services offered through the R K Harrison Group.
Mercury West Associates' Managing Director Katie Small maintains management responsibility for the development of MWA and will also join the management team of R K Harrison Insurance Services, the UK retail arm of the R K Harrison Group.
Commenting on the acquisition, Katie Small said: 'The high net worth sector now extends way beyond house contents and motor insurances traditionally associated with the sector. Clients expect a wide range of products and services specially designed around their lifestyles. They are used to the best. R K Harrison's broad based expertise will appeal to MWA clients.'
Stuart Rootham, Managing Director of R K Harrison Insurance Services added: 'High net worth insurance is an increasingly competitive arena, yet at that top level, the ability to deliver expert products with excellent service is really what makes the difference. MWA brings motor expertise as well as the opportunity to offer our broader expertise to new clients in the entertainment and professional sports industries. The synergies are clear.'
10/08/2011 - Riot Damage
In the event of damage to your property as a result of the recent unrest, costs can be recovered from the local Police Authority in whose area the damage occurred by virtue of the Riot Damages Act 1886. A full definition of Riot is included within the Public Order Act 1986. One of the key elements is "12 or more persons must be present together and use or threaten unlawful violence for a common purpose and the conduct of them (taken together) is such as would cause a person of reasonable firmness present at the scene to fear for his personal safety".
Subrogation claims must be made in writing and received by the local Police Authority within 14 days of the alleged incident and Insurers must receive a note of the claim within 7 days hence you can see that we, R K Harrison, will need to know about the incident well within 7 days to allow us to send on to insurers.
Please send all correspondence to:
Ben Evans
Rural and Private Clients
Team Leader
E ben.evans@rkhis.com
D +44 (0)1234 408 610
Or
Anthony Davies
Commercial Team Leader
E anthony.davies@rkhis.com
D +44 (0)1234 311 215
Or do give us a call on 01234 408647 and ask for the Claims team and we will be happy to help
Actions to be taken by the Policyholder
Subrogation claims must be made in writing and received by the local Police Authority within 14 days of the alleged incident and Insurers must receive a note of the claim within 7 days hence you can see that we, R K Harrison, will need to know about the incident well within 7 days to allow us to send on to insurers.
Please send all correspondence to:
Ben Evans
Rural and Private Clients
Team Leader
E ben.evans@rkhis.com
D +44 (0)1234 408 610
Or
Anthony Davies
Commercial Team Leader
E anthony.davies@rkhis.com
D +44 (0)1234 311 215
Or do give us a call on 01234 408647 and ask for the Claims team and we will be happy to help
Actions to be taken by the Policyholder
- Immediately notify the Police and obtain a Crime Reference Number of any incident relating to theft, damage caused by malicious persons or arson.
- Write to your local Police authority within 7 days to advise that you will be reclaiming from them the cost of any uninsured loss (e.g. policy excess) following the riots and that you anticipate your insurers will do the same.
- Pass to us as many details as you are able within 7 days of the damage details of the damage to include address, approximate quantum and forward us both the crime reference number and the name a address of the local Police Authority
- Take all practical steps to recover property.
- Mitigate the loss to reduce the extent of the damage and any potential subsequent loss resulting from an interruption or interference with the business.
- Where practical ensure that you continue to comply with any policy conditions relating to security of the premises, fire detection systems or fire protection systems and let our Underwriting team know immediately if you are unable to for any reason.
- Take reasonable precautions to make good or remedy any defect or danger which becomes apparent.
- Where your premises are vacant please ensure you comply with any conditions in the policy that apply as a result of the premises being vacant for more than the time period stipulated in the policy. Our Underwriters will be happy to advise you should you have any questions.
24/05/2011 - Travel Cover: Volcanic Ash Cloud Disruption
Following further volcanic activity over Iceland there is a possibility that air travel may be disrupted once again. Volcanic activity is deemed to be a natural disaster by the majority of travel insurers and as such, no cover is provided. However, following last year's prolonged disruption some insurers have incorporated elements of cover for volcanic ash disruption. Should you require further clarification of your coverage through R K Harrison please contact your Account Executive or our Private Clients team on 01234 305555.
If cover is not provided under the terms of your travel insurance policy you should contact the tour operator or travel provider through whom your booking was made in the first instance.
If cover is not provided under the terms of your travel insurance policy you should contact the tour operator or travel provider through whom your booking was made in the first instance.
19/04/2011 - Introducing high value home insurance from Aqua
We are pleased to announce that we now have access to a new private
client market which we believe may be of interest to our clients.
Aqueduct Underwriting (Aqua) underwrites on behalf of insurers including certain underwriters at Lloyd's of London.
Aqua has initially created a range of home insurance products, designed specifically for the Private Client market. Each product is designed to provide highly competitive premiums and, for the first time, through the creation of Aqua One, Two and Three products, clients now have the flexibility to choose the breadth of cover they require - ranging from an economical entry level product with less additional features, through to an all embracing product offering generous limits and numerous extensions.
Aqua is supported by the same high standards of customer service and claims support that R K Harrison clients have come to expect.
If you are interested in becoming an Aqua policyholder, speak to R K Harrison today.
Aqueduct Underwriting (Aqua) underwrites on behalf of insurers including certain underwriters at Lloyd's of London.
Aqua has initially created a range of home insurance products, designed specifically for the Private Client market. Each product is designed to provide highly competitive premiums and, for the first time, through the creation of Aqua One, Two and Three products, clients now have the flexibility to choose the breadth of cover they require - ranging from an economical entry level product with less additional features, through to an all embracing product offering generous limits and numerous extensions.
Aqua is supported by the same high standards of customer service and claims support that R K Harrison clients have come to expect.
If you are interested in becoming an Aqua policyholder, speak to R K Harrison today.
16/03/2011 - Travel cover: Japan & Middle Eastern countries
Following the tragic earthquake and tsunami off the coast of Japan and the current unrest in the Middle East, we recommend the following course of action should you be planning to travel to one of these affected areas over the next few weeks:
- you visit the Foreign & Commonwealth Office website for the latest travel advice as to areas where it is safe to travel at www.fco.gov.uk. Please note that if you travel against the advice of the Foreign & Commonwealth Office your travel insurance will not provide cover.
- that you keep in close contact with your airline or tour operator who may be able to assist you with making alternative arrangements. If the trip is cancelled prior to departure by the airline or tour operator you will need to seek reimbursement from them, as this will not be covered by your travel insurance.