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Oval Professions
Insurance solutionswith added protection
Insight. Service. Performance.
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The UK professional services sector is bigger than youmight
think: it employs over 13% of the UKs workforce,accounts for nearly
20% of national output and 14% of all
UK exports1. Small and medium sized businesses lacking
thein-house resources absolutely rely on the intellectual
capitalyou provide and many corporates continue to outsource a
range of business-critical services.
While sector growth will remain linked to the business
cycle and investor confidence, globalisation, cross-border
regulatory standardisation, increased competition and thedigital
revolution will alter risk and up the tempo of change.
Whether youre in law, accountancy, medicine or workingin any
flavour of business consultancy, youll know its neverbeen more
important to protect the advice, solutions and
services you deliver.
Oval Insurance Broking (Oval) is one of the UKs leading
insurance partners for your sector. We know how youfeel were a
professional services firm too. Like you,we appreciate the
non-negotiable need for authoritativetechnical knowledge, accuracy,
delivery and expertise.
Our national capability, experience and commitment give
us the insight to help you simplify and rationalise
yourinsurance policies innovatively, cost effectively and with
a
careful eye on your bottom line. With on-tap expertise
frompeople who understand the sector intimately, we take thetime to
understand your business needs at the level of
detail you expect.
At Oval, we go further to tailor innovative professional
indemnity, liability, negligence, malpractice, data privacyand
financial lines insurance solutions that fit every contourof your
business. Value and high performance plus a core
focus on service and relationship development underpinall that
we do. We work with the leading specialistunderwriters to offer
bespoke, professional services
insurance policies, that fill gaps and anticipates emergingrisks
ensuring the cover you demand is there whenyou need it.
Welcome to Oval Professions: by serviceprofessionals for service
professionals
As one of the leading UK insurance brokers, we have
the practical, intellectual and entrepreneurial expertisethat
has made us the insurance partner of choice formany of the UKs
leading professional services firms.
With nearly 30 million of gross written premiumsplaced with
insurers for professional services clients, our
risk solutions include sector-specific, enhanced policyfeatures
and wordings exclusive to Oval. We help youidentify liabilities,
cut costs, quantify risk and mitigatelosses across the following
areas:
Revenue protection, crisis management and fraud Business
continuity, environmental and brand
Legislative and regulatory change management International trade
and overseas risk Trend analysis
Standard and non-standard professions Start up, sole trader,
limited company, limited liability
partnership, full partnership and PLC
Specialist risk andinsurance solutions for theprofessional
services sector
In todays increasingly competitive, regulated and litigious
business environment, you need tosafeguard the services you provide
as well as your people and your reputation. Thats why itsgood to
know theres a specialist UK broker in your corner who is the
insurance partner of choice
for thousands of firms just like yours.
1Department for Business Innovation & Skills Professional
and Business Services: A 2020 Vision for Growth March 2010.
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www.theovalgroup.com
Intelligent insurance solutions that offera protective
shield
Youll find all the professional services risk
managementsolutions you need to help build your business for
the
future under a single roof and with a single specialistteam that
speaks your language. Our approach is gearedaround a strong service
ethic and focused on the key risk
management values you demand.
A safe pair of hands:a partner you can trust, backedby
experience, commitment, national reach and a proventrack record in
your sector
Innovation that drives value for money: workingwith the leading
special ist professional services insurers,we proactively develop
bespoke covers and policiesthat address the emerging risks you face
for instance
disaster recovery, environmental management, brand
protection and employee fraud Fast, expert problem solving:were
proud of our
reputation and we are committed to providing a quickresponse
that makes the most of our wider risk andinsurance expertise
Client benchmarking that drives best practice:working with a
diverse range of professional services firms,we analyse the trends
then share and apply our learning
Competitively priced quotes, services and deals:our lean
business model keeps our structure flat andoverheads down, enabling
us to pass premium savings
directly onto you Professional claims handling:we understand you
need
a no-hassle, fast and accurate response ably provided
by our expert, UK-based claims handlers Exceptional
reach:working with our London Market
broking colleagues in Oval International, we cover
your overseas exposures wherever yourcommercial interests
lie
Innovative risk management that pullsno punches
With years of experience working in the professionalservices
sector, many of our insurance policies are exclusive
to Oval and offer extra features rarely found elsewhere.Typical
risk categories we cover include:
Professional indemnity Employment practices liability Financial
lines and crime insurance
Directors and officers liability insurance Data privacy
Negligence and (medical) malpractice
Disaster recovery Health & Safety Supply chain and
contracts
Insight. Service. Performance.Oval is at the forefront of
insurance for the professional
services sector. Helping drive best practice and innovation,
weare respected partners and advisors for industry
stakeholders.Above all, we invest in our people. We have drawn
together
experienced, high calibre professionals who blend theadvisory,
administration, technical and listening skills essentialto
delivering the exceptional levels of insight, service,
continuity, agility and pitch-perfect performance you
demand.
Importantly, we keep workloads manageable so our people
have the time and scope to stay close to your needs,develop
relationships and deliver the high service standards
and innovation you expect.
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Oval Insurance Broking LimitedRegistered Office:9 South
Parade,
Wakefield, WF1 1LR
Registered in England No: 01195184
Authorised and regulated by theFinancial Conduct Authority.
www.theovalgroup.com
Insight. Service. Performance.
About Oval Insurance Broking
With offices across the UK, Oval Insurance Broking (Oval) isthe
specialist insurance and advisory partner of choice forthousands of
organisations and individuals across a range of
disciplines and industry sectors.
From general insurance to sector-specific requirements, the
strength of Oval lies in designing bespoke, dynamic
andcompetitive risk solutions that fit your needs. Our insuranceand
risk specialists take the time to understand those needs,
simplifying risk to deliver a consistently innovative,
highstandard and high performance service that adds
value,capability, agility and a competitive edge to your
business.
For more information, visit us at www.theovalgroup.com
Would you like to talk?
If you have any questions or would like to explore how you
can make your insurance work harder for your organisation,were
here to help.
Call: 0800 612 6223
Or email: [email protected]
