Travel Industry

As with many sectors, the travel industry is served by a number of specialist insurance brokers, focussing on the insurance requirements that are specific to the sector. In the case of tour operators and travel agents this includes Tour Operators Liability, Professional Indemnity, Bonds, and Travel insurance schemes, amongst others. Doubtless the regulation of the industry and the numerous relevant statutes applicable brings about risks that require specific insurance policies that are written to address them, such as the strict liability placed upon Tour Operators (whether defined by name or activity) by the Package Travel Regulations.

This industry specific attention to detail is something that we offer to all our clients, irrespective of industry sector. We understand the sector, and most importantly we have relationships with various key insurers. Unlike many specialists in this arena who are tied to a specific insurer, we operate independently, ensuring we are getting the best from the market. This allows us to evaluate the options available, and use our knowledge of the cover and claims service provided to ensure that our clients are getting the best deal, not just the cheapest price (which is often a false economy).

In addition, our position as widely experienced and technically skilled general insurance brokers, means we can also address the risks that are not specific to the industry, such as Property, Business Interruption, Management Liability, Motor Fleet, and many others. Our experience has shown us that Loss of Revenue/Profit cover is very often neglected in the insurance programs of travel industry businesses – despite being the insurance that will keep a business in existence in the event of a major incident at their premises.