Former Lockton adviser and Zurich underwriter Scott McLuskey (pictured) has launched new corporate broker Monteith Corporate Risk from offices in Glasgow and London. McLuskey said the firm was aiming to achieve £1m in gross written premiums within the first three months and would provide traditional service levels in today’s modern trading environment.

McLuskey commented: “There has been rapid consolidation within the sector and the market is now dominated by a handful of global firms. We want to revive an ethos of independent advice, trust and personal service.

“We are breaking free from the global firm mentality, adopting our own intelligent thinking and are dedicated to treating our clients’ businesses as if they were our own.”

He added: “Commercial insurance buyers are often left in the dark about how well their broker is representing them in front of insurers. At Monteith, we agree on a broking strategy and insurer presentation upfront, involve clients in key discussions, and keep them informed on market conditions all year-round — so we can benchmark premiums and hold insurers to account at renewal.

“The main reasons a commercial insurance claim is rejected include inaccurate presentation of a client’s business to insurers and non-compliance of policy conditions of cover. We are taking the appropriate time to make sure our clients don’t get caught out.”