Motor-only Lloyd’s insurer ERS introduces new specialist policy

ERS launch

Motor-only Lloyd’s insurer ERS has launched specialist motor cover for professional sportspeople and those working in the entertainment business.

The insurer said that the new product provides cover across a broad range of vehicles “from the everyday to the exotic”.

The product will be available through specialist brokers with established sports and entertainment portfolios.

The brokers provided direct access to a dedicated underwriting team.

Policy features include cover for driving other vehicles, enhanced legal expenses cover, a choice of repairers and a “premium” courtesy car.

ERS said the launch of the offering is a natural extension of the insurer’s emphasis on specialism.

ERS head of bespoke Tom Donachie said: “There are over 17,500 professional sportsmen and women in Britain and more than 40,000 registered entertainers, yet the professional sports and entertainment motor market remains limited, with only a few insurers providing capacity.

“Our broker partners have expressed a strong desire for direct access to specialist underwriters as opposed to relying on using wholesale arrangements.

“We see a clear opportunity to expand our footprint in this highly diverse market and have developed a proposition to match, if not exceed, the demands of both customers and brokers alike.”