Jackson Lee Underwriting has secured the British Insurance Brokers’ Association (BIBA) endorsed Holiday Travel Plus and Sports Travel scheme, for three years, from April 2021.
The Travel scheme is one of the longest running approved BIBA schemes, endorsed by them now for 20 years. The policies are underwritten by AA rated capacity from Ergo Travel Insurance Services Limited on behalf of Great Lakes Insurance SE, part of Munich Re, and one of the largest providers of Travel Insurance worldwide.
Holiday Travel Plus from Jackson Lee Underwriting covers holidays in the UK and abroad. It provides one of the broadest Travel wordings available on the market for covid related risks, importantly including cancellation cover as standard now on all policies, as well as medical expenses, repatriation and associated accommodation costs. There is a choice of Annual Multi Trip for travelers up to 75 years of age, or Single Trip policies for travelers up to 85 years of age. Brokers can also speak directly to the underwriters if further flexibility is needed – particularly beneficial for brokers right now with clients travelling under unusual circumstances.
Other unique elements of the policy include cover for Motorcycle trips and Cruise Holidays as standard. Independent group travel can also uniquely be covered on one policy, including school trips or family and friends travelling together.
As part of the agreement, Jackson Lee Underwriting is also delighted to announce the appointment of Dipesh Patel as Senior Underwriter. Dipesh has been involved with the BIBA approved travel scheme for many years, latterly at Syndicate 1991 at Lloyd’s (DTW1991), as Deputy Class Underwriter for Accident and Health.
Dipesh has been responsible for the successful and innovative development of the Travel scheme. Now recognized by the industry and government as one of the leading experts in Travel Insurance, Dipesh regularly advises external committees on Travel Insurance matters including the impact of the latest pandemic.
Dipesh Patel comments: “Whether holidaying in the UK or abroad, it is imperative now more than ever that clients get broad and appropriate cover that will respond to unique risks presented by the pandemic. The traffic light system announced by the government in a bid to open up our borders again, means brokers can also now expect to be increasingly busy with international travel quotations. Many insurance policies will now have elements of cover relating to Covid, but there is a huge difference between the wordings currently on offer. My strong advice would be to only offer Travel cover with the most comprehensive wordings.
Clearly the pandemic has been a worrying and challenging time for many, but as we begin to look to the future and open our borders again, we’re in an excellent position to make sure we equip brokers with first class coverage, to give their clients the added reassurance and protection they need to get moving again.”
BIBA members will also benefit from the continuation of the direct relationship with Jackson Lee’s underwriting team for referrals, advice, marketing support and either onsite or webinar-based training.
Jackson Lee Underwriting was established in 1991 and has been the BIBA approved GAP scheme provider since 2012. For 30 years the MGA has specialised in bringing a broad range of innovative niche insurance products to the broker market.
Nick Mohan, Joint Managing Director, Jackson Lee Underwriting, said: “We’re proud and delighted to be leading the BIBA Travel Scheme. BIBA’s continued support of our specialist schemes is recognition of our commitment to the quality of our products and services and our long heritage and expertise in developing niche insurance. We’re delighted to welcome Dipesh Patel to the Jackson Lee family. We’re excited to have his expertise on board and look forward to launching further innovative new Travel policies over the coming months under his expert guidance.”