Expansion from motor trade insurance

Broker Devitt Insurance Services has launched a new product for caravan and motorhome dealers underwritten by LV= Broker.

The Caravan and Motorhome Dealer product offers dealers up to £50,000 exhibition cover for vehicles in outdoor shows, as well as £250,000 for indoor shows. It also allows for seasonal increases when dealers may have more stock on the premises between February and March and August and September.

Distribution director Nigel Meyer said: “Devitt has been offering insurance to the motor trade for over 35 years and this provides a great opportunity to offer a quality, bespoke product combined with competitive rates to even more businesses.”

Kevan Aubrey, head of distribution at LV= Broker, said: “We were really successful in growing our commercial book this year and winning deals with well-respected broker partners played a key role in this. We want to build on our previous success and our exclusive partnership with Devitt Insurance Services will help us do this. We look forward to working closely with Devitt’s team over the next couple of years.”