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Howden Insurance Brokers Limited

Insurance, United Kingdom, England, London

Howden Insurance Brokers Limited provides innovative insurance solutions and expert risk management services to protect businesses and individuals worldwide.

About Howden Insurance Brokers Limited

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Join our dynamic team at Howden Insurance Brokers Limited and play a vital role in shaping the future of insurance. We are looking for talented individuals in various roles such as Insurance Broker, Risk Manager, and Claims Adjuster.


Insurance Broker job at Howden Insurance Brokers Limited | Risk Manager job at Howden Insurance Brokers Limited | Claims Adjuster job at Howden Insurance Brokers Limited | Underwriter job at Howden Insurance Brokers Limited | Benefits Consultant job at Howden Insurance Brokers Limited | Account Executive job at Howden Insurance Brokers Limited

Basics

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Founded
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Total Employees
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Employees on Linkedin
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Employees on OWCareers
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Main Office
United Kingdom, England, London
Official Website
http://www.howdeninsurance.co.uk
Location Address Official Phone Email
United Kingdom, England, London 1 St Katharine's Way, London E1W 1UN, United Kingdom **** ****
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FAQs – Howden Insurance Brokers Limited

What is parametric insurance?

Parametric insurance is a type of insurance that provides predefined payouts based on specific triggers, such as earthquake magnitude or wind speed during a hurricane. Unlike traditional insurance, it does not require a loss assessment but rather relies on objective data from third-party sources to determine when a payout is made.


Can a trust be named as a beneficiary?

Yes, a trust can be named as a beneficiary to manage and distribute insurance proceeds according to specific instructions, often used for minors, disabled dependents, or estate planning.


How does Lloyd’s handle claims and payouts?

Lloyd’s has a structured claims process, leveraging financial reserves and multiple syndicates to ensure fast, reliable payouts for policyholders.


What is agricultural (crop) insurance?

Agricultural (crop) insurance is a risk management tool that helps farmers protect their crops against financial losses caused by natural disasters, pests, diseases, and other unforeseen events. It ensures farmers receive compensation to cover their losses and sustain their livelihoods.


How is the payout amount determined under collision coverage?

The insurer pays for repairs or the car’s actual cash value (ACV) minus your deductible if the car is deemed a total loss.


How does subrogation affect my liability insurance?

Subrogation helps the insurer recover costs if they paid for damages caused by a third party that should be held liable for the loss.


Does homeowners insurance cover natural disasters?

Homeowners insurance typically covers natural disasters like fires, lightning, and windstorms. However, certain disasters, such as earthquakes and floods, require separate coverage. It’s important to review your policy and purchase additional coverage if necessary.


What was the significance of the Amicable Society for a Perpetual Assurance Office?

Founded in 1706 in London, it was the first life insurance company, pooling members' contributions to provide death benefits to beneficiaries.


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