Eye on Insurance - Commercial Viability
| The Commercial Insurance division at Hughes Insurance is expanding its operation. Business EYE speaks to Derek Quinn, Commercial Insurance Director at Hughes Insurance, to find out more.
Managing growth is the sort of challenge all local businesses would be happy to be faced with. ‘Slow and steady’ seems to be the mantra for many, with a cautious approach favoured by most businesses in the current climate. However, despite the economic backdrop there are local businesses who continue to expand their operations, Hughes Insurance is one – and the commercial division within the Newtownards based broker is leading the way. Hughes Insurance has been active in the Northern Ireland insurance sector since 1977. In over 30 years of business the company has delivered consistent growth. 2010 will continue that trend. This growth has recently resulted in the Hughes Insurance commercial team moving to new business premises in Sketrick House, Newtownards Business Centre. The new premises are better equipped to accommodate the expanding team, now up to 32 - and contributing 20% of company turnover. “We have relocated because we are expanding our operation. The growth is a direct result of investing in our commercial team dedicated to the SME market.” Explains Derek: “Hughes Insurance is a key player in the commercial insurance sector. We leverage our relationships with insurance providers to support small, medium and large scale commercial enterprises. No matter what size our customer - the principle remains the same – each commercial operation is treated as a unique partner. This dedication to supporting our customers is why our operation is expanding.” Despite a perceived market proliferation in the insurance market in recent years, the expertise in Northern Ireland remains with reputable brokerages. Therefore business owners need to ensure they are dealing with a commercial insurance broker who has the necessary ‘weight’ to deliver economies of scale. “Few can match Hughes Insurance,” continues Derek: “We are the largest independent brokerage in Northern Ireland and offer our clientele local expertise. We advise them on the best products to suit their requirements – we then negotiate on their behalf with our insurance providers to secure the best price. Our customers can concentrate on doing business in this market – safe in the knowledge that their insurance requirements are covered by the best available products at the best price.” |

