Lockton is delighted to announce Arch Insurance (UK) Ltd as our new ACCA (Association of Chartered Certified Accountants) insurance scheme partners.
As ACCA's recommended insurance broker, we are committed to continually evaluate our offering to the ACCA membership, ensuring it delivers a best-in-class policy wording, at competitive premiums, underwritten by a leading insurer with an excellent claims service.
After conducting appropriate due diligence, we have approved Arch as the best insurance provider and the most able to support the demands and needs of the ACCA membership. Arch has a very experienced underwriting team providing professional indemnity and allied insurance solutions to professional services firms. The insurer is now at the ACCA's disposal and will deliver innovative insurance solutions for the membership.
We do not take the decision to change scheme insurers lightly and there must be clear benefits for the members in doing so. In this instance, we are pleased to advise that there are positive enhancements to both coverage and service and these, along with any other material differences, will be explained by a Lockton account executive upon renewal.
Arch is absolutely delighted to be part of the strategic partnership long valued by Lockton and ACCA and we are all looking forward to this being a very successful and rewarding collaboration. Backed by stable underwriting and financial performance, Arch commands an A+ A.M. Best financial strength rating. The insurer really understands professional service firms and is a solid and supportive partner.
We have also aligned the leading professional negligence specialist law firm Caytons to the ACCA scheme. Caytons will deliver an exemplary claims service to members and offers a complementary legal helpline to support them in their time of need.
Finally, it is important to highlight that should the scheme prove to be unsuitable for any practice, Lockton, as an independent and Lloyd's of London insurance brokerage, will approach other leading A-rated insurers on their behalf to obtain terms. In most circumstance, we can provide ACCA members with choice and the right solution whatever their unique situation and requirements.