Ecclesiastical continues schemes expansion with new broker deal

Ecclesiastical Insurance has teamed up with Towergate Care to offer property capacity for larger care home providers.

In a statement released yesterday (30 November 2023), the specialist insurer said it was making the move to continue its expansion in the schemes space as part of plans to double the size of the business by 2026.

So far this year, Ecclesiastical has announced new schemes with Brokerbility on its bricks and mortar scheme and managing general agent (MGA) iprism on a new community proposition.

It said its new deal with Towergate was ”further evidence” of its underwriting capability, property capacity and flexibility when working with specialist brokers who manage schemes.

Chris Withers, schemes and facilities director at Ecclesiastical, said: “I’m delighted to be able to announce this new partnership with Towergate. They have in depth knowledge of the care sector and have proven their expertise as a specialist broker within the space.

“We want to build on our schemes proposition and this is another example of how broad our appetite is within the schemes space.

”The message is that we can provide solutions for brokers searching for a reliable insurer partner to help grow their schemes and are adaptable in the amount of delegated authority provided on a scheme by scheme basis.”

Towergate

Towergate, which is part of the Ardonagh Group, is the preferred insurance provider to Care England and National Care Forum and has specialist and local teams.

Formed in 1997, the broker has offices throughout the UK, employing over 2,000 people.

Carolyn Baker-Mellor, trading director at Towergate, said: “This new partnership in care expands upon the strong relationship Towergate already have with Ecclesiastical. 

”I am pleased that we are now able to offer our clients yet another alternative insurance solution in a sector that can be challenging to give that choice to.

“As a specialist broker, we work with insurers who share the same passion and understanding of the sectors we work in and Ecclesiastical demonstrate all of those values which make them an ideal insurer partnership for us and our clients.

”I am excited to see how we can work together to support the care sector.”