Andrew Simpson Sailing Trading Limited has entered into an exclusive relationship with Aon UK Limited, the UK’s largest Insurance broker*, to launch a sailing and water sports specific personal accident and travel insurance policy to its supporters. Aon UK Limited has worked with Argo Global (‘Argo’), a Lloyd’s insurer and member of Argo Group, to develop a tailored product that caters for professional and commercial sailing crews, as well as other relevant persons including boat designers and land crews.
Andrew Simpson Sailing Trading Limited (ASSTL) will act as Introducer Appointed Representative of Aon UK Limited, to promote this new product and other water sports related insurance covers in the future.
In its continuing support of the work of the Andrew Simpson Sailing Foundation, Aon Benfield has pledged to donate a percentage of the fee the firm receives for each new policyholder introduced to it by the Andrew Simpson Sailing Trading Limited. This will help to enable the Foundation to continue supporting not for profit sailing organisations across the globe and continue to inspire the next generation.
All monies received by ASSTL from the sale of insurance products will be given to the ASSF to be used to fund worldwide sailing causes in line with the Foundations objectives.
Ben Nicholls, a Senior Broker at Aon Benfield, commented: “Water sports are tremendous fun, but accidents can unfortunately happen. Off-the-shelf insurance covers often seek to exclude hazardous occupancies, we are thrilled to be able to help the ASSF’s supporters obtain access to the Argo Group’s bespoke cover for those working or participating in water sports. ASSTL will introduce individuals, crew, teams and companies to Aon UK Ltd for us to obtain specialist cover from the Argo Syndicate at Lloyd’s.”
Emma Syrett, a Broker from Aon Benfield added: “Whilst this product is perhaps more suited to the professional, owner or company, we are also working on plans to offer additional types of insurance cover to the sizeable network of ASSF supporters across the globe.”
Insurance Cover Overview:
Our insurance partners offer to the water sports community products for Crews/Groups (of all types, professional, corporate and recreational) and for Professional and Elite individuals (frequent and certified water sports participants). As agreed by the Argo underwriters.
Cover includes, but is not limited to:
• Limits of up to GBP 5m on Personal Accident, Medical Emergency & Travel (various limits can be purchased at different costs)
• 24 hour medical response with dedicated claims handlers
• On and off the water cover
• Cover for owners, employees and guests
• Permanent disablement, death, dismemberment and injury (defined benefits)
• Baggage and personal effects
• Cost of replacement crew
Specific coverage details will be provided with your quotation.
If you’re interested in obtaining more information or a quote please enquire via our Website
* Ranked by brokerage, Insurance Times, August 2014
Personal Accident and Travel insurance policy is arranged by Aon UK Limited and underwritten by Argo Managing Agency Limited. Andrew Simpson Sailing Trading Limited is an Introducer Appointed Representative of Aon UK Limited which is authorised and regulated by the Financial Conduct Authority. Aon UK Limited Registered Office: 8 Devonshire Square, London EC2M 4PL. Registered No. 210725. VAT Registration No. 480 8401 48
Andrew Simpson Sailing Trading Limited is the commercial arm of Andrew Simpson Sailing Foundation (charity no. 8595862) and donates its net profits to that charity. Andrew Simpson Sailing Trading Limited is registered in England and Wales no. 8989016. Registered address: 10 New Square, Lincoln’s Inn, London WC2A 3QG