NEWS
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Build to Rent Developments: Transforming the UK Housing Market
The Build to Rent (BTR) sector is rapidly expanding in the UK, introducing innovative solutions to meet the increasing demand for high-quality rental properties. This growth is marked by new schemes and initiatives that aim to enhance the living experience for...
Navigating the Risks and Opportunities The UK’s £21.7bn investment in Carbon Capture and Storage Projects
The Government has announced up to £21.7bn in support for the UK’s first carbon capture and storage (CCS) projects in Merseyside and Teesside, aiming to create thousands of jobs, attract private investment, and help achieve climate targets. CCS is internationally...
What a Falling UK Inflation Rate Means for Insurance Brokers
For the first time since 2021, the UK inflation rate has fallen below 2%, marking a significant milestone in the country’s economic recovery. While lower inflation is generally seen as a positive development for consumers and businesses alike, its impact on various...
Exance Win Greater London Enterprise Awards 2024
Greater London Enterprise Awards 2024 Winner Exance is incredibly honored to be recognised as a winner in the eighth year of the Greater London Enterprise Awards. It’s such a privilege to be part of a group of individuals and businesses who are not only influencing...
The Importance of Bonds and Sureties in the Construction Industry
In the construction industry, bonds and sureties are indispensable tools for managing risk and ensuring the smooth execution of projects. These financial instruments offer a safety net for clients, contractors, and suppliers, providing essential reassurance that...
The Use of AI in the Insurance Industry: Opportunities, Pitfalls, and Ethical Considerations for Brokers
As an insurance broker, you're no stranger to the ever-evolving landscape of the industry. With the introduction of artificial intelligence (AI), the industry is undergoing one of its most significant transformations. AI in insurance has the potential to streamline...
Navigating the Ripple Effects of Interest Rate Cuts on Insurance Brokers
Recent discussions in the financial sector have highlighted the ongoing shifts within the UK banking industry, particularly in light of anticipated UK Interest Rate fall. According to a recent article from Insurance Business, these changes pose a significant challenge...
Understanding Latent Defects Insurance: Essential Protection for Your Construction Projects
At Exance, we understand that providing comprehensive insurance solutions to your clients is crucial for maintaining their trust and satisfaction. One key area where specialised insurance can make a significant difference is in protecting against latent defects in...
Are brokers meeting clients’ expectation?
The new 2024 Broker Service Study, which has been conducted by Zywave for over a decade, has been released and offers significant insight into the expectations for insurance brokers. While this study was conducted in the United States, many of the findings and beliefs...