Review of product designed to improve footprint and competitiveness
Broker only insurer Highway has re-launched its Choice Motorcycle product. This follows a wide-ranging review of all rating factors, acceptance rules and underwriting terms, as well as consultation with brokers. The changes have been designed to improve the product’s footprint and competitiveness.
The product, which is available on full-cycle EDI, covers motorcycles up to a value of £15,000 on comprehensive cover and £6,000 on non comprehensive. It covers riders aged from 16 to 69 and a wide range of motorcycles from super sports and tourers, right through to scooters and mopeds.
Commenting on the relaunch, managing director of Highway Chris Hill said: “We are keen to make the product appeal to a broader range of risks, while at the same time maintaining effective underwriting controls. We have introduced discounts to reward safer, experienced riders through the Post Test Trainers Register (ERB) and Bike Safe Courses run by the Metropolitan Police, and we are encouraging riders to use high quality security systems. One of our main aims was to become more competitive for larger bikes, and we believe we have achieved this.”
