The summary sits under the headline on the news index page and is usually the opening paragraph of the release
Norwich Union has launched a guide to the electronics sector to help intermediaries gain competitive edge in this fast growing market.
Designed to help intermediaries identify new business opportunities through a comprehensive understanding of risks in this sector, the guide provides a market overview of this segment, including current conditions, common processes and risk management.
Kate Walker, product manager at Norwich Union, explains: "The electronics guide supports our segmented approach by continuing to develop solutions to help intermediaries enter new markets.
"Electronics is forecast to be the largest sector of the UK economy within the next few years, offering great potential to those intermediaries who are well versed in the industry. The sector is extremely diverse, ranging from small-scale domestic white goods suppliers to global office equipment manufacturers and telecommunications providers, which is why this comprehensive guide will prove a valuable reference tool.
"The electronics sector has seen a unprecedented rate of growth over the past few years which, supported by major Government investment, is showing no signs of slowing. Insurers and intermediaries active in this complex and constantly changing market need to respond quickly to provide a prompt and knowledgeable service."
Norwich Union has a specialist team of industry experts and a large network of underwriters experienced in a wide range of electronics risks. All customers can access Norwich Union’s risk helpline, legal and tax helpline, 24 hour claims service and preferred suppliers.
All new product ranges from Norwich Union provide GISC-friendly product literature to help intermediaries comply with the commercial code.
Visit www.norwichunion.com/ebroking or contact Kate Walker at Norwich Union on tel 020 7817 6105.
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For further information, please contact:
Alison Owen at Staniforth on 0161 274 0100 or David Ross at Norwich Union on 08703 66 68 65/07786 526350.
Notes to editors
Norwich Union Insurance
- Norwich Union is the UK's largest insurer with a market share of around 14 per cent
- With a focus on insurance for individuals and small businesses, Norwich Union insures:
- one in five households
- one in seven motor vehicles
- more than 800,000 businesses - Norwich Union products are available through a variety of distribution channels including brokers, corporate partners such as banks and building societies and Norwich Union Direct.
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