Following the recent changes to the Ogden rate announced by the Lord Chancellor on 27th February, we at Focus feel it important to communicate how this change impacts you and your clients.

What you need to know:

• The rate has changed from +2.5% to -0.75%
• The rate reflects the level of investment return that a claimant can expect to achieve by investing their award

Why the change affects you and your clients:

• One of the major consequences of the Odgen decision relates to the adequacy of Limits of Indemnity for Casualty risks.

How Focus can help:

At Focus, we have significant experience, appetite and capacity for Excess of Loss business, both for commercial and construction business, and now have three bespoke facilities with CNA, Zurich and AIG.

We have a range of premiums, the minimum starting from £400 for most trades and £750 for Roofers and Scaffolders. We also consider limits above £20m on a case by case basis.

Read more about our Excess of Loss campaign here.

We are always happy to talk, so get in touch today to discuss new or existing business.