Arista launches three new schemes

Commercial lines underwriter Arista Insurance has launched an initiative to help brokers develop schemes that target particular locations or classes of business.

The launch is marked by a trio of recently completed deals that Arista has signed with brokers CRK Commercial Insurance, based in Leicestershire, and Bury-based Prestige Insurance.

The CRK scheme, HVAC, is designed for heating and ventilation contractors and associated trades.

CRK, which specialises in contractors business, chose to partner with Arista to develop the scheme, which is based on Arista’s Contractors Combined policy with bespoke terms and limits for HVAC scheme policyholders.

Arista has also launched two schemes with Prestige, a tenant’s liability scheme and a retail scheme.

The tenant’s liability scheme was developed exclusively for Prestige’s growing number of residential lettings clients via its website, Complete Lettings Solutions.

The retail scheme includes high street shops but provides bespoke covers for Prestige’s specialist areas, including DIY, hardware and fishing tackle retailers.

Arista chief executive Charles Earle said: “The schemes already developed and Arista’s desire to develop and launch further schemes underlines our ethos of working with brokers as partners. This pooling of joint expertise to create tailored insurance solutions, in a timely manner, at the same time addressing the needs of specific insurance buyers is a proven concept and one we are keen to maximise.

“All of Arista’s regional teams are poised to build and deliver more schemes with brokers they work closely with so we will be making further announcements in due course.”