It’s not broken, don’t change it.
That seems to be the message from the British Insurance Brokers’ Association (BIBA) as it announced the renewal of its GAP scheme with Jackson Lee Underwriting for another three years – furthering a relationship that started back in 2012.
Exclusive to BIBA members, the GAP scheme applies to most commercial and personal vehicles – whether they may be as small as motorcycles or as large as 44-ton tractor units – as well as covering most uses, such as taxi-use, and use by driving instructors and couriers. Now the scheme has been enhanced to offer ‘Universal GAP’ insurance with the aim of continuing its proud record of paying 100% of claims over the last three years.
According to BIBA CEO Steve White (pictured with Jackson Lee Underwriting joint managing director Mark McLaren above), the move offers real benefit to BIBA members, particularly in light of the reduction in GAP capacity in the UK.
“Our members find this flagship scheme very valuable,” he said. “It is easy to market; Jackson Lee provides a first-class service and their customers find the cover to be extensive and reliable from secure A rated capacity. e’re delighted to be renewing the scheme with Jackson Lee.”
In addition, Jackson Lee’s underwriting team will offer advice, referrals, marketing support and training to BIBA members. Policies are transacted through its online quote and buy platform ABEL.
“We’re proud and delighted to be renewing our specialist BIBA GAP Scheme,” added McLaren. “BIBA’s continued support is recognition of our commitment to the quality of our products and services and our long heritage and expertise in developing niche insurance. As we start the New Year, we look forward to engaging further with BIBA members to continue to meet their needs in 2019 and beyond.”
