New scheme signals company’s intention to grow commercial book
Motorbike insurance broker Devitt has launched a new motor trade scheme, which is underwritten by LV= Broker.
Devitt said the new scheme signals its intention to grow its commercial book.
The scheme’s cover can be tailored to suit individual motorcycle dealer businesses for buildings, stock, business interruption, road risk, loan and hire, employer’s, public and service liabilities.
It also covers dealers for offering unaccompanied demonstrations of motorcycles to secure sales.
Policies are available to motorcycle dealerships, training schools and hire companies; or businesses that are a combination of these.
LV= Broker head of distribution Kevan Aubrey said: “Devitt Insurance is a respected broker in the motorcycle and caravan sectors, so we are really pleased to be working with them.
“We see great potential in this market and this new exclusive partnership supports our plans to grow in the commercial lines space over the next couple of years.”
Devitt distribution director Nigel Meyer added: “We are very excited about this new partnership. Devitt has been offering insurance to the motorcycle 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.”