About Us
Welcome to ARX Rural Re a new captive insurance company that has been established to add additional capacity to the market and address the ongoing problems of very expensive building premiums and the requirement for costly and prescriptive risk improvements for large rural properties.
The establishment of ARX has been done to put our policyholder /members (more later) at the forefront of everything that we do and everything we do will be for your benefit! Today, many institutions, insurers included, have lost sight of what should be their primary focus – you the client. We will remedy this position by providing you with a concierge style of service where nothing is too much trouble, communication will always be personal, either on the telephone or indeed in person and all of this combined with a first-class product – our policy cover.
The desire to offer a realistic alternative to the very few products or policies catering for the larger rural property has been some 12 months in the making and in that time we have listened to very many of you to find out how you would like your insurer to operate! Taking all of these comments and responses on board we believe that by restricting our membership to 500 in the first phase we will be able to build a platform and offer all of you what you want – a truly exemplary, knowledgeable personal service matched with the most competitive premiums on the market.
Overview
Membership will be limited to 500 in the first phase of the country’s c. 12,500 suitable properties.
We will provide the most competitive and stable premiums available.
“First Loss” will be available where appropriate.
We will survey and value all properties and, where required, we will contribute to the costs of any risk improvements.
We will use the latest technology to mitigate the second largest cause of significant claims - leaks / burst pipes and again we will contribute towards the costs of installation.
The Club
As alluded to by our chairman, we want to gather a group of like-minded individuals (just 500 in the first phase) throughout the country who happen to be the custodians of some of the UK’s most beautiful and important properties, into a group or
membership where a “we are all in this together” culture will exist – a club if you like! There is no risk to becoming a member, as you will be covered by some of the world’s best A-rated insurers; it is how the business is run which will
be so different to the current norm!
Being a valued member with a voice is the cornerstone and the culture of ARX Rural Re will be working with our members as opposed to against. It is because of this culture that we are willing to contribute towards the costs of required risk improvements and the technology that will help us all in mitigating risks.
Quality over quantity– We want only to engage with a restricted number of well run and managed properties who take their responsibilities of risk management seriously. If we do this then it is very likely that we will enjoy very low levels of significant claims and as a result we will be able to maintain for the membership very stable and competitive premiums, hence we have deliberately limited our capacity to 500 who share this “we are all in it together” philosophy.
Every property will be surveyed and an action plan of risk improvements (only if deemed necessary) will be agreed with you the member. Unlike all other insurers, ARX Rural Re will contribute to these costs as a measure of our commitment to you. This is on the understanding that you will remain with us as a member for the foreseeable future or at
least a number of years – we will take this on trust! We are confident that you will have no reason to leave as your premiums will be very competitive and importantly stable and the service you will receive will simply be exemplary!