Compass News

12th November 2009 – Insurance Age Broker Expo Show in Coventry

Andrew Briant, Managing Director and Jennie Olivier, Operations Manager, running the Compass stand at Insurance Age’s Broker Expo Show at the Ricoh Stadium in Coventry. Andrew Briant said "The show was a great success with a large number of brokers attending. There was a lot of discussion on how they could enhance their product offering to their customer base. Many brokers were very interested in what we had to say with special interest being shown in our locum protection products and our new internal travel offering.

October 2009 - Compass Approved as a Lloyd’s Coverholder

Compass is delighted to announce that we have been approved as a Lloyd’s Coverholder with effect from the 6th October 2009 working with Jubilee Managing Agency Ltd to develop a range of Life and personal accident and business travel products. The Lloyd’s market has the capacity to accept insurance premiums of over £14 billion and underwrites business in over 200 countries and territories around the world. Lloyd's currently enjoys an A rating from A.M. Best and A+ ratings from Fitch Ratings and Standard & Poor's.

October 2009 - Red Letter Day Experience

James York of The Wonderful Web was delighted with his Red Letter Days scheme reward from Compass. He selected flying in a wind tunnel as his reward for all the hard work he has put in with Compass on their travel and PPI schemes.

12th September 2009 - Compass supports Children’s Hospice South West.

‘Compass was delighted to help support the Lloyd & Whyte Ltd's team of 'Whyte Lightning. With our help Lloyd & Whyte raised £1,700 to take part in the Corporate Challenge in support of children's hospice South West. The action packed day included team challenges of orienteering, mountain biking, kayaking and mental agility tasks. Tired, but very happy Lloyd & Whyte completed the day 8th out of 13 teams and are looking forward to next years event already.'

Monday 29th September 2008 - Compass move to new office

Andrew Briant, Managing Director, stated: We are delighted to announce the successful move to our new state-of-the-art offices in the insurance heart of the City of London. With greater office space we are able to expand our operations including a new enhanced customer service desk and call centre.

1st June 2008 - Race for Life

Compass Underwriting, is very pleased to have supported Race for Life in their continuing endeavours to raise funds for Cancer Research UK.

A group of Compass employees took part in the 2008 Race for Life event on the 1st June in the City of London, which had over 7,500 participants.

16th/17th May 2007 - Mortgage Expo Show in Manchester

James Glover, Underwriter and Karen Thomson, Agency Manager, running the Compass stand at the Mortgage Business show at G-Mex in Manchester. James Glover reported "The show was a great success with many intermediaries discussing how they can move away from being tied to just one product provider, such as Paymentshield, and instead offer a true range of independent products. There was also a lot of discussion on our internet trading platform as well as many intermediaries having fun playing our Wii games". Compass is attending a whole series of roadshows across the UK during 2007 and more details can be found on our web site.

5th February 2007 - AXA renews contract with Compass Underwriting

"Andrew Briant, Managing Director of Compass Underwriting added: "This is really excellent news as being backed by AXA Insurance for the past 4 years has made Compass one of the leading underwriting agencies in the UK and with AXA's continued support we will continue to grow from strength to strength in providing first-rate products backed by excellent customer services."

6th December 2006 - Compass Underwriting totally unaffected by
closure of un-related company called Compass Intermediaries Ltd.

Andrew Briant, Managing Director, stated "It is always unfortunate when a company has to close but even more so when it has a name similar to ours as it can cause confusion or distress to our clients. However it is vitally important for all clients and their customers to know that we had no links, of any kind, with this company and its' closure has no impact on us at all."

29th June 2006 - Compass Underwriting becomes a member of the British Insurance Brokers Association.

Andrew Briant, Managing Director, stated "We are very proud to become a member of BIBA. This move underlines our commitment in maintaining the highest professional standards and ensure the utmost in customer service."

17th May 2006 - MortgageREWARDS

Compass Underwriting, in conjunction with Assurant Solutions, has launched MortgageRewards, a new web-based MPPI product which rewards customer loyalty through a no-claims history on the policy

18 May 2006 - Mortgage Business Show at G-Mex

Andrew Briant, Managing Director and Jonathan Springhall, Senior Underwriter, running the Compass stand at the Mortgage Business show at G-Mex in Manchester. Andrew Briant reported "The show was a great success with the launch of our new product MortgageRewards and increasing our brand awareness in the UK intermediary market. These shows are very useful for meeting both existing and potential new clients". Compass is attending a whole series of roadshows across the UK during 2006.

1st November 2005 - TravelGuard

Compass, in association with Groupama Insurances, launches new annual travel product with on-line quote engine.

1st May 2005 - Compass launches new group and business protection plan.

Compass receives its FSA authorisation with effect from 14/01/05

Compass is very pleased to announce that on the 6th November 2004 we received our 'Grant of permission under Part IV of the Financial Services and Markets Act 2000' letter from the Financial Services Authority.

This means that with effect from the 14th January 2005 we become fully regulated by the FSA for the general insurance industry. For more information please go to the FSA's web site at www.fsa.gov.uk.

Compass receives its 'Minded-to-approve' letter from the FSA

Compass is very pleased to announce that on the 8th September 2004 we received our 'Minded to approve' letter from the Financial Services Authority.

With effect from the 14th January 2005 the FSA becomes the new regulator for the general insurance industry. For more information please go to the FSA's web site at www.fsa.gov.uk.