Allianz Cornhill is to launch two new motor trade products in 2005 aimed at smaller motor traders and members of the Retail Motor Industry Federation (RMIF).

The insurer will offer Complete Motor Trade for traders with a turnover of £2m or less and Complete Headlight for members of the RMIF. Both products will be introduced on 1 January.

Allianz Cornhill motor trade manager Mark Ashwood said: "We are a leading insurer in the motor trade market, providing insurance solutions for clients of all sizes and complexities through our Select and Headlight product ranges.

"However, we recognise that smaller motor trade businesses have different buying needs and have developed this new product aimed specifically at this segment of the market."

The insurer claimed the products would provide generous levels of standard cover, including uninsured loss recovery, but would be flexible to allow the customer to buy additional covers to meet their specific needs.