A new Public and Employers’ Liability scheme to launch on Aviva Marketplace

21 Jan 2021

Despite the current economic climate, the Construction Industry is one sector that is seeing elements of growth. Michael Gregory, from JCB Insurance Services Ltd, gives us his view on how they can help you support contractors of all sizes with their bespoke cover offering.

“Continuing demand for housing and large infrastructure projects like HS2, Thames Tideway and Hinkley Point helps to ensure that demand is high for contractors, helping them not only survive but thrive in the current environment. There are many opportunities being created for small to medium-sized businesses as many of the larger ones are more focussed on capital projects.

JCB Insurance Services Ltd is an Insurance Broker that is owned by the JCB Excavator Group. We have origins in arranging insurance for businesses where contractors’ plant is central to their activities.

Whether your customers are Plant Hirers or Contractors in Groundworks, Civil Engineering, Site Clearance or similar, our expertise and product offering has been built on almost 40 years’ experience. We are delighted to be able to offer our Trademaster Insurance product through Aviva MarketPlace.

We recognise that many Brokers don’t have an in-depth knowledge of the occasional Groundworks or Plant Hire risk that might come across their desk, which is why, at JCB, we work hard to share the benefit of our wealth of experience with the brokers we work with.

Our friendly team can support you in helping to ask the right questions of your client. Not only will this give the client confidence in you as a Broker, safe in the knowledge that you understand their business and that it can be correctly insured, but it will ensure that you have all the right information to help us give you the best possible premium for your client and ultimately help you win more business.

In addition to our technical support, we strive to offer a first-class service, with most new business quotes turned around within 24 hours.

As you would expect from JCB, we have unrivalled knowledge of not just the Plant and Equipment your clients are using, but also the risks presented in using it every day, whatever the application. 

This knowledge has been distilled into Trademaster.”

What is Trademaster?

Trademaster is a bespoke, exclusive Public and Employers’ Liability product with the option to add ‘Contract Works’ cover including ‘Owned and Hired in Plant’, as well as some other industry relevant extensions. 

The core trades Trademaster is aimed at are:

  • Groundworks including small Civil Engineering and Utilities Work, Site clearance, Drainage, Mainline Sewage Works, Road Works, Tarmacking, service ducting including Underground Services connection, Pole Erection, Footpaths, Foundations, Footings, Slabbing, Driveways and Patios etc
  • Plant and Equipment Hire including but not restricted to Operated and non-operated, under/not under CPA conditions including hire of motorised access equipment.

What Size Business is it aimed at?

The risks faced by a small ‘one man and a digger’ and a multi-million-pound turnover Groundworks and Civil Engineering business are often very similar. Recognising this, Trademaster can be either rated on a ‘Per Capita’ basis from just one owner operator, up to businesses with 10 employees. In addition, it can also be rated on a turnover basis for larger businesses with an annual turnover of up to £10m. 

Why is it different?

In developing Trademaster, we looked at all of the common issues facing the sector, took the core covers and looked to enhance them in such a way as to genuinely reflect the needs of the client and plug some often-overlooked gaps in cover. As a result, the product can offer features and benefits such as:-

  • Cover for ancillary business activities such as building contracting, crushing and screening of aggregates, concrete pumping, demolition that is not incidental to the main contract, pond clearance, agricultural contracting and many more - provided these activities are the minority compared to the main core activity.

  • Cover for JCT 6.5.1 or similar

  • Financial Loss cover up to £50,000

  • Generous excavation depth limits

  • Damage to security devices on Plant and Equipment

  • Cover for Owner Operators who occasionally have temporary employees 

How do I get a quote?

Getting a quote is really easy, simply email your enquiry to NBBroker@jcb.com or call the JCB team on 0800 141 2877. There is also a broker area on the JCB Insurances Services website at www.jcbinsurance.co.uk where once your online account is set up, you can also quote and buy cover.

For all your ‘hard to place risks’, visit Aviva Marketplace on the Aviva broker website for our full range of wholesaler solutions.