About Tradex Insurance Services
The Clegg Gifford Brand
Tradex Insurance Services is a trading name of Clegg Gifford & Co Limited.
Founding - Clegg Gifford was founded in 1968 as a general insurance broker, and later acquired status as a Lloyd's broker giving them access to unique markets and able to place specialist risks.
Where we are today - Today Clegg Gifford maintains a broad spectrum of both personal and commercial insurance products and is a well-known broker in the UK Insurance Industry, with a national clientele and a heritage in the motor trade delivered through the Tradex Insurance Services.
www.cginsurance.com
Westminster Insurance
Westminster insurance is a trading name of Clegg Gifford & Co Ltd. Westminster provides a long-standing appointed representative network with a national footprint throughout the UK.
www.mywestminsterinsurance.com
Remuneration Basis
CG are remunerated via commission on the products it sells on behalf of insurers. We may also apply fees on administrative work carried out on your policy. In addition, CG has some agreements where the insurer will pay us an additional sum if we reach certain profit targets, this commission can also decrease based on performance.
The remuneration level is usually in line with the level of work carried out on behalf of the insurer. The greater the level of work required will usually result in higher levels of commission. This work can include accounts, marketing, claims handling and in some instances CG also have delegated authority agreements in place for underwriting. The level of commission can range from 10% on some motor products to 35% on some specialist commercial lines for the London and Lloyds market.
We want to be:
A well respected independent broker with sustainable capacity, who work alongside insurers to service niche customer requirements in as flexible manner as possible. We want to provide solutions for both insurers seeking a sustainable, professional and knowledgeable broking distribution partner and also onwards access to customers who require bespoke policies to fit their unique circumstances.
- A company of dedicated individuals who are long-serving and undertake their work; diligently, productively and correctly.
- A company that grows and nurtures talent and provides a good livelihood for its employees with a good path to progression.
- A company that has a growth mind-set and is agile enough to pursue opportunities, work hard, fast and smart to become one of the top 50 largest brokers in the country.