Commercial lines underwriting organisation Arista has announced an arrangement with HSB Engineering Insurance to provide equipment breakdown cover.
Arista's package policies will now automatically include equipment breakdown cover as standard. Its commercial combined policy offers this same cover but as an option, and also includes an optional engineering inspection.
Arista, launched last year by Charles Earle and Deputy CEO Lyn Carslake, is focusing on broker-administered commercial business in the UK and intends to arrange agencies with a select panel of independent brokers throughout 2007.
In the medium to long term the new venture will have the capacity to write in excess of £250 million worth of business.
