Lockton, the world’s largest independent insurance broker, has launched a Specialist Motor Trade Insurance product designed for UK businesses such as collector car dealers, storage facilities and specialist workshops.
The product will deliver up-to-date cover, tailored to the vehicles these businesses handle and the way they operate. It is designed to respond to both the traditional risks they face and the emerging challenges of a changing market.
The exclusive facility is backed by Chubb, well-known as a trusted provider to many High Net Worth and Ultra High Net Worth individuals, making this a natural fit for businesses whose clientele expect the highest standards of service and protection.
Our team combines high-quality, bespoke cover with excellent service. With decades of experience in the classic motor trade sector, we bring deep specialist knowledge to every client relationship.
John Collyear, Senior Vice President, Lockton Performance, said: “The Product will provide perfectly tuned insurance for the businesses behind exceptional motor vehicles.”
“We understand the unique responsibilities that come with buying, selling, storing, transporting and maintaining high-quality vehicles, and we work with our clients to arrange cover that reflects the way they operate.”
Our experts understand that every vehicle and business has its own unique story, and the insurance should reflect that. The cover includes comprehensive worldwide transit, no inner limit or ceiling for individual vehicle and location values and £10,000,000 public liability cover as standard.
For more information about Lockton’s Specialist Motor Trade Insurance and the team behind it click here (opens a new window).
About Lockton Performance
For over 40 years, Lockton Performance (opens a new window) has served the classic and specialist car world. We are proud to be the broker of choice for owners with a single performance vehicle, collectors of some of the most amazing car collections, and many of the most prestigious car clubs in the country. We provide tailored motor insurance, expert advice and deliver high-quality service with both enthusiasm and unrivalled passion.
About Chubb
Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb employs approximately 45,000 people worldwide. Additional information can be found at: www.chubb.com (opens a new window).