Six reasons why you should buy from us

We only use Insurers based in the UK

Beware some brokers use companies in countries such as Belize, Bermuda, or The Ukraine for example.

What does this mean to you?
Our insurance policy is subject UK Law not say, Belize law.
Our insurance policy can be enforced in a UK Court. The others mentioned above can’t.

Our insurance policy is regulated by the Financial Services Authority.

Our client’s are automatically entitled to protection from the Financial Ombudsman. So if you disagree with a decision your insurers make you can turn to the Ombudsman to let them make a decision on the dispute. The insurer must abide by Ombudsman’s decision. You do not get this protection from foreign insurers that are not regulated by the Financial Services Authority.

The insurers we use must meet very strict solvency requirements to make sure they can afford to pay your claims. Foreign insurers that don’t need to meet these strict solvency requirements are more likely to run out of money and not be able to afford to pay your claims. This would leave you uninsured or having to deal with the claim yourself and not being able to get your premium back – i.e. you have paid for something but got nothing in return.

One Foreign policy we have seen stipulates that the claimant must get a medical report within 2 hours otherwise they won’t deal with the claim. This massively increases (by about 90%)the likelihood of you not being insured for the loss and having to pay the claim yourself.

Note that if your insurer or insurance policy doesn’t pay damages to the third party a Judge will consider your assets (House, Car, Savings etc.) to compensate the injured person.

We only use Lloyd’s Syndicates.

We are a “Lloyd’s Coverholder” which means we underwrite business via Lloyd’s security - Security which is classified as “A+” in terms of financial security. This means that the Lloyd’s central fund will take care of claim payments even if a Lloyd’s Syndicate you are insured with fails – note that it is very unlikely indeed that the Lloyd’s Syndicate we use will fail, but even if they do you still have this peace of mind.

Do any Local Authority Work? (e.g. Schools, Car Boots etc.)

It is becoming clear that due to the reasons above a lot of Local Authorities are rejecting insurance from Offshore (say, Belize, Bermuda etc.) which means those inflatable operators are losing out on that business. We can only assume that this is because said local authorities are wise enough to know that the financial stability of those offshore companies isn’t anywhere near as secure as a policy regulated by the Financial Services Authority.

Additionally:

• We are the only company who has been able to provide this type of cover consistently for more than 14 years
• The Lloyd’s syndicates we use have more than 20 years’ experience in Sport & Leisure
• If you have a claim we will appoint a Loss Adjusters to deal with claim for you and we will pay their bill. This often runs into the £000s.
• Our excess is only payable if the claim is going to be paid – some companies request this up front and ‘sit on’ your money for months.
• We only use bespoke policy wordings

We guarantee that for this type of product no one else can make these promises.