Hoults Yard has been in family hands since 1948 and weathered the economic storms of Newcastle city fringe commercial property. Since the late 1990s, it has been transformed from furniture storage to a bustling business location. Firstly, customers were industrial, manufacturing and storage with furnaces, welding and burger vans. There have been times when regular insurers refused to provide insurance cover so alternative markets were required with stringent conditions attached. Through risk management advice and reconfiguring the business model, insurance premiums have come down from 15% of turnover to 3.75%.
Online Marketing Agency
This firm operates search engine marketing campaigns with 40+ staff. They were buying their insurance online, but Cheviot was able to use knowledge and broking experience to offer different policy options. Scrutinising the programme enabled substantial savings to be made without compromising cover.