Pooling

The practice of sharing all business of an affiliated group of insurance companies among the members of the group. All premiums written by the subsidiary companies are customarily ceded to or reinsured by the parent company; then, after provision for any required outside reinsurance, the total premiums are in turn ceded back to the subsidiaries in agreed ratios. Claims, loss expenses, commissions and other underwriting and operating expenses (excluding investment expenses) are similarly treated, with the net result that each of the members of the affiliated group will share in the total business of the group (but usually in varying percentages) and all will achieve similar underwriting results.

Do you have old policies lying about? Perhaps it's a term or whole of life insurance, pension, endowment, bond or an annuity policy. Or do you receive statements for a policy which you are unsure about? Why not use Policy Detective to find the answers.

Which company now looks after your policy? Who can you contact about your policy? What do all those words and phrases on my policy document actually mean?

Policy Detective is a UK company for UK customers. We help you to track-down the Administrators for policies which you or your loved ones may have in the bureau or the attic. You never know how much money there could be in that old policy. It's not easy to find this information, as companies through time are taken-over, merge with other companies and even change their names. We can help you find the company which now deals with your policy. Some companies even allow us to check the status of your policy.