Insurance News
BIBA launches scheme for transportation risks though M R Ratcliffe Consultants Ltd
- Karl Illston, Ratcliffes
- 27 September, 2017 | Update 27 September, 2017
British Insurance Brokers' Association (BIBA) has launched a new scheme for transportation risks through recognised experts in the field M R Ratcliffe Consultants Ltd.
Transportation businesses including haulage, couriers, coaches and buses can be difficult to find markets for because of their specialist nature and the high underwriting risks associated with them. The market for placing transportation business is small and in such a specialist area the benefits of using a broker expert in the class are huge.
This new scheme provides BIBA members with access through M R Ratcliffe Consultants Ltd to the markets able to carry the risk and will be able to offer an extended range of covers to commercial clients with heavier transportation needs.
BIBA Head of Technical Services Mike Hallam said: “This is a first for BIBA and we are really pleased to bring this technical commercial scheme to our members. The knowledge of the sector that Ratcliffes bring with them will be that BIBA members can rely on one of the UK’s largest operators in the transport insurance market. It’s an excellent arrangement for them and their commercial clients.”
Michael Ratcliffe, Managing Director of M R Ratcliffe Consultants Ltd said “Insuring vehicles for Commercial Vehicles with a trustworthy rated UK insurer, whether HGVs or Courier vans used for Hire & Reward or larger vehicles for Own Goods, can be a challenge for brokers experienced in the market and those who do not routinely see this type of enquiry. We are delighted to be working with BIBA to help their members access the cover their clients need”.
Get a quote by calling Adrian Blay on 01242 544514 or by emailing biba@ratcliffes.co.uk
This new scheme is a fantastic opportunity for members to add even more value to the service they provide to commercial clients. Contact Ratcliffes soon to see how they can help.
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