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The advert that you are responding to :

Business For Sale : Domestic Appliance Warranty Insurance Book for sale
Location : London / South East, London, UK
Asking Price: £1,000,000
Domestic Appliance Warranty Insurance Book for sale by independent insurance broker. The business has the following key attributes: c10,000 + policies currently in place. Insured book value year ending Dec 17 estimated over 800k Customer retention rate 80%. Direct Debit/Credit Card authority in place. Claims ratios low for the sector – less than 10% of the gross premiums. Strong relationships with Underwriters. Excellent reputation for high levels of customer service. Very effective sales operation – in-house Call Centre. Substantial potential for range and market expansion. The business provides an acquirer with an ideal bolt on for a company already operating in the insurance sector or alternatively an excellent starting opportunity for an individual or organisation looking to establish themselves in the financial services sectorContact: Turner Butler

[Advert Ref: BFS:CK004]

 
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