Category: 'financial'

We are thrilled to announce that Absence Protection have agreed a long-term extension to our partnership with Great Lakes Reinsurance (UK) SE, part of Munich Re (Group) until 2020. 

With April just around the corner, schools are planning their spending for the next financial year. We know that schools can often be forced to operate under stringent budgets, therefore it is important that they have a staff absence policy in place designed to mitigate the financial risk, minimise disruption and reduce staff absences. 

Within all lines of insurance, a provider’s services become redundant without the support of a financially stable and committed underwriter. It is not uncommon for insurance companies (particularly operating within the education sector) to be unexpectedly left without the backing of an underwriter. This may hinder the provider’s ability to continue insuring its customers and successfully pay their claims.