According to Insurance Times, who also reported that Gable had missed the Solvency II capital deadline.
Using unrated insurers is a breach of an insurance broker’s duty of care, and something we would never do.
If you are using an insurance broker who does uses unrated insurers like Gable, a client can take legal action if a claim is not possible to be paid.
It’s an industry standard that the inconsistencies presented by unrated insurers pose a significant risk to a client’s protection, meaning unrated insurers should never be used by respectable insurance brokers.
We only use rated insurers
As one of the leading insurance brokers in the UK, we only use rated insurers so our clients are never put into this kind of situation. By using properly rated insurers, we can guarantee that there will never be a situation in which claims cannot be paid out.
To contact us and find out how our robust, reliable insurance coverage could be the perfect thing for your business, our use our contact form.