Local Insurance Broker Enters National Industry Awards Following Phenomenal Business Growth
After achieving a 38% growth in commercial customers in the 12 months ending 5th May 2016 independent insurance broker Prizm Solutions Limited, based in Tamworth, has entered the national Insurance Age UK Broker Awards in the Commercial Lines Broker of the Year category.
The firm currently employs 9 local people and set a strategic goal to achieve 20% growth in commercial customers in 12 months from the Tamworth, Lichfield and Sutton Coldfield area and resoundingly exceeded this target achieving 38% growth from an already healthy commercial customer base. Annual turnover and income targets were also exceeded and in April alone they gained 32 new commercial customers.
Well known in the insurance industry for being innovators, in the last 12 months Prizm has worked with leading insurers to help them develop and launch Cyber Insurance policies for small businesses owing to the unique skills and experience of their directors IT expert, Tracy Pound and insurance veteran, Peter Robinson.
Prizm was founded in 2006 by Peter Robinson and Tracy Pound who saw a gap in the market for an ethical insurance broker with the ability to provide professional advice and high value at low cost. The business has grown every year and they operate from offices in Albert Road, Tamworth which they have recently renovated to accommodate their growing team.
“What sets up apart,” says Peter Robinson “is our approach. We’re ethical, we treat all our customers as human beings and we believe we are there to ‘save the day’ when things go wrong and our customers need to make an insurance claim. We work very hard to get to know our customers and make sure they get the right insurance cover in the first place. Then if they do need to claim we help them every step of the way to make sure they get the settlement they are entitled to.”
Prizm often prefer not to take commission from insurance companies instead charging a fee for their services, which is much more transparent. Customers can be sure that the advice they get is impartial and honest and the best option for them. Prizm donate £1 for every insurance policy to a local charity, this year’s charity is the County Air Ambulance.
Prizm Solutions Limited has won several awards including the Variety Club Small Business of the Year in 2008, Best Loved Insurance Broker in the UK in 2010. They won the Professional Business of the Year 2015 and were Highly Commended runners up for the Professional Business of the Year 2016 at the Tamworth, Lichfield and Sutton Coldfield Business Networking Awards.