Having been insuring cars for longer than I care to recall, with a variety of different brokers, one thing keeps coming up the same - the underwriter. For years now my insurance has been underwritten by Highway (part of Liverpool Victoria). I'm wondering if it's actually the underwriter that is the specialist, and the broker just picks the right 'product' for the customer. Does anyone else have a consistent underwriter, or am I just boringly predictable?
The "underwriter" in this case, is the actual insurance company (an underwriter is a job title too, BTW), and the "broker" is just a fancy way if saying "salesman" (or "middle man"). The broker gets preferential rates for sending business the way of the insurance company, for a fee of course, so he makes money out of "introducing" you to the insurer, you get a better rate than you might otherwise have got, and the insurer gets your premium. Winning all round... The underwriter will probably have several different policy types they'll let the brokers sell, so your idea that you are "matched" to the same policy consistently is probably right.
If you keep getting the same underwriter is is most likely because they specialise in your type or car / driver / mods etc. i used to get Highway a few years back when I ran the Golf.
