HSBC's insurance brokers division has added a commercial vehicle insurance product to its Spectrum portfolio.
It said the product Spectrum Commercial Vehicle, was available for all commercial vehicles, ranging from standard and high-risk cases to single vehicles for business or personal use, as well as small fleets.
Policy benefits include the facility to mirror a client's existing no claims discount from private car or other commercial vehicle policies, restricted driving and introductory discounts and goods in transit cover.
HSBC said Spectrum Commercial Vehicle would match rates with an insurer of the broker's choice or via an alternative insurer.
The product will be available to all brokers who have a facility with HSBC.
