Q&A: Zurich’s position on the Insurance Act

The Insurance Act 2015 has addressed important issues concerning how information is shared between insurers, brokers and customers. Zurich has been prominent in welcoming the Act, but recently there has been some confusion among brokers about our approach.

In this article, Richard Coleman, Managing Director, Zurich Commercial Broker, clarifies Zurich’s position on the Insurance Act and answers some of the questions brokers have been asking.

Topics covered:
• Is Zurich contracting out (or ‘opting out’) of the Insurance Act for commercial customers?
• How can brokers best explain the additional premium approach to clients?
• What do you offer ZTrade (internet) traded business customers?