COVID-19 Notice: Thomas Carroll remain committed to putting our clients at the forefront of what we do. In light of the firebreak lockdown announcement for Wales, we wanted to remind you that we are fully operational whilst working from home, so that we can continue to provide the same quality service that you normally enjoy from our team. To find a contact number for a member of our team, please click here.

Visit our COVID-19 risk management updates and advice hub here. If you’re in business, we have produced a number of guides, checklists and templates to help with your return to work preparations and ensuring your workplace is safe for your employees in these challenging times.


Lenders’ Finance Arrangements: Rise in Policy Amendment Requests

15 Oct

Since the demise of the British Bankers Association/Association of British Insurers Bank Agreement in 2012, we have seen a sharp increase in the number of requests for bespoke amendments to policies at the request of lenders.

These are creating challenges for insurers and brokers, due to their complexity and nature of the requests. In the brief below, we explain what is being requested by lenders and look at the implications from both the insurers’ and policyholders’ point of view.

Please click here to download our Lenders’ Finance Arrangements brief