The latest news from Avid;
Incorporated Insurance Group Limited, part of Avid Insurance, the specialist managing general agent (MGA), is expanding its focus on groundworkers as a key growth area in response to the sharp rise in pothole-related repairs across the UK.
According to not-for-profit organisation Round Our Way, local councils in England recorded approximately 952,000 pothole reports last year, the highest volume in over five years.
To support this growing demand, IIGL has secured fresh underwriting capacity from Starr for its groundworkers insurance product. This partnership brings together Starr’s global footprint, spanning more than 100 countries, an AM Best rating of “A” (Excellent), and over a century of insurance expertise.
The groundworkers scheme is led by Dean Surridge, IIGL’s Underwriting Director. The product offers comprehensive cover for contractors working across a wide range of trades, including civil engineering, paving, drainage, utilities, fencing, earthworks, and surfacing.
“Our team at IIGL consists exclusively of senior underwriters, and we work only with A-rated capacity,” said Dean. “With the blight of potholes affecting roads and communities across the UK, groundworkers are essential to tackling this challenge head-on. Our offering is designed to support them with robust, flexible insurance tailored to their needs.”
IIGL’s groundworkers insurance features include:
- Minimum premium of £750 plus tax
- No minimum or maximum turnover requirement
- Cover from 1m depth down to 7m
Be the first to comment