At The Engineering & Manufacturing Network we love to hear about collaborations between our members and this one highlights the value of our community brilliantly!
Lockton one of our Affiliate members informed EMN members earlier this year about the softening of the insurance market leading to rates decreasing and flagging that nearly all insurance programmes should be reducing premiums.
Facilitated by EMN, several companies including Dyer Engineering spoke to Lockton about 2025 renewal insurance needs and as a result Lockton were able to save Dyer circa 40% on their insurance programme.
Laurence Provost Financial Director of Dyer said “We are delighted not only with the savings Lockton have achieved but also the service we have received. Lockton promised they would be able to make us a substantial saving on our insurance needs and they did just that. The transfer to Lockton was seamless and we wouldn’t hesitate in recommending other EMN members”.
Colin Donohoe , Senior Producer of Lockton said “Dyer Engineering are a professional company we have always kept a close eye on in recent years believing we could make savings for them on their insurance programme. We’re very grateful to them for giving us the opportunity to help them on their needs and thus managing to save them a considerable amount for this years renewal. We look forward to working with Dyer for many years to come. The insurance market is so soft at present and we believe there are savings to be made across the board for all EMN members”.
Lockton are the worlds largest independent insurance broker and as an EMN member Lockton are happy to provide a no fee due diligence critique on your insurance programme, please just contact EMN for more information.