MD Paul Younger chats about the broker's acquisition strategy and details how the business has been impacted by Covid-19.

Castle Insurance Services managing director Paul Younger has stated that the broker is actively looking to make more acquisitions.

If you are facing temporary financial difficulty as a result of the Covid-19 pandemic, please contact us to explore how we can help. Options may include finding alternative ways to make payments, exploring a payment deferral or reassessing your risk profile and considering whether there are more suitable products available

The Red Sky Foundation, formerly the Red Sky Ball, has joined forces with Durham-based Castle Insurance which will not only be providing insurance to the organisation, but will also help boost funds for the charity.

With the advent of the COVID-19 pandemic in the UK many organisations are implementing contingency plans such as home-working, skeleton staffing, social distancing and cleansing regimes to maintain operations.

Your premium is calculated based on your individual circumstances and the amount of cover you choose to take out to protect your business. Underinsurance occurs when you’ve not taken out the right amount of insurance cover for your needs. There will be a variety of factors to take into account when you assess how much insurance you need. If you’re not sure about this you should get advice from a broker or valuation expert because if that amount is wrong, it’s likely to impact the amount you’re paid for any claim you need to make.

The Insurance Act 2015 came into force 12 August 2016, and applies to all commercial contracts of insurance (and variations to existing contracts of insurance), and introduces what the UK government has described as “the biggest reform to insurance contract law in more than a century”

Welcome to the team, John Neill.

John has recently been appointed as a Senior Manager of Castle Insurance Services based in County Durham. We are delighted to welcome John into the business. He will play a key role in realising the ambitious targets we have set ourselves building upon the success we have achieved to date which is based upon supporting our staff to deliver excellent products and services to businesses and individuals

John has over 30 years’ experience in the insurance industry more recently as an Area Director with Towergate and as a Business Partner with Willis Towers Watson Networks providing advice and support to brokers throughout the United Kingdom.

“I very much look forward to working with everyone at Castle and to explore the many opportunities I am confident are available to us. The business has a proven track record, strong commercial relationships and a highly capable team”. - John

Wishing John the best of luck in his new role!