Oaktree Insurance Solutions has launched a new scheme to cover nightclubs, discos, casinos and city-centre pubs.

Oaktree has access to exclusive ratings for the UK and promises to provide generous commission structures, a reliable claims service, competitive quotes and quality security without recourse to offshore markets.

The Designated Nite-Spot scheme is open to premises with extended hours and entertainment licences and amusement arcades, with a guaranteed quote turnaround of 48 hours.

Scheme manager Mark Vaughan said the nightlife market had undergone huge increases in premiums from some major insurance players recently.

“The new licenced premises scheme offers brokers and sub-agents a simple and attractive scheme for this specialised market,” he said.