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Motor

Motor Fleet

Our Markets Cover

Through our unique market access and relationships with senior decision makers, whose underwriting authority often extends beyond what is available locally, COBRA London Markets Motor Fleet team can provide solutions for all types of Motor Fleet risks, including but not limited to:-

 

Bus and Coach

Taxi, Private and Public Hire

Courier and Haulage – UK and European

Self-Drive Hire including prestigious vehicles

Mini-Fleet from 2 vehicles upward

General fleets from 5 vehicles upwards

NCB to Fleet Conversions excluding Hire & Reward use

Hazardous Goods Plated vehicles

NCB rated Haulage

Single vehicles over 7.5 tons

 

Please submit your presentation to [email protected], or contact a member of the Motor Fleet team for more information.

Armada Underwriting

Armada Underwriting is COBRA London Markets exclusive in-house facility, catering for mini-fleets of 3 to 20 vehicles. Our quote and bind facility underwritten on behalf of Liverpool Victoria also includes in-house document production.

This facility is open to all agents using COBRA as their primary London placing broker for Motor Fleet or temporarily as an introduction to our facilities.

 

Risk Appetite:-

Cars and vans from 3 to 20 vehicles (excluding Hire & Reward)

Including special types (TPO- excluding Third Party Working Risks)

Heavy goods vehicles up to 18 tons (for own goods only)

NCB to Fleet subject to being claims free for 2 years

NCB per vehicle can be averaged (max 7.5t GVW)

Drivers from 19 years of age considered (subject to being employed on a full time basis)

Mixed covers available

 

Key Benefits:-

Fast quote turnaround

Backed by a rated insurer with an award winning claims service

Exclusive to COBRA London Markets

 

Simply send your presentation to: [email protected]

Fleet Excess Protect

Fleet Excess Protect is a policy which will reimburse your clients excess up to the sum insured, subject to Terms and Conditions.

 

Key Benefits:-

Apart from the obvious advantage of recovering the excess, this policy makes a larger excess more affordable and bigger insurer discounts possible.

With premiums starting from just £17 per vehicle, the insurers discount is often greater than the cost of the Fleet Excess premium.

 

Qualifying Requirements:-

Policy arranged by COBRA London Markets

Must be currently Fleet rated

Claims frequency up to 30% in the current period

All vehicles must be covered COMP, unless Third Party Only (TPO)

 

Conditions:-

One claim per vehicle per year maximum

Excludes glass claims

Not available mid-term

Maximum 30 vehicles. Larger fleets on request

Vehicles must not be stored in the same location overnight

 

For more information, please contact a member of the Motor Fleet Team

Fleet Gap Cover

GAP insurance is a policy which will cover the shortfall in the event of a total loss to one of your clients vehicles or ‘top up’ the total loss valuation of your vehicle by up to 25% of the sum insured, subject to Terms & Conditions.

 

What are the advantages?

Peace of mind for your client that if the lease company’s valuation exceeds the book value, your client will not be left with a bill for the difference or receive up to 25% of the value of the total loss to put towards a replacement.

Prices are, generally, 30% – 50% cheaper than dealer prices.

 

Qualifying Requirements:-

Policy arranged by COBRA London Markets

The vehicle is under 10 years old at inception

Comprehensive cover applies

Vehicles must be UK registered

Excludes Self Drive Hire

 

For more information, please contact a member of the Motor Fleet team.

Fleet Breakdown Cover

UK and European breakdown cover is available to cars and light vehicles. Annual premiums start from just £25 per vehicle including commission.

 

Qualifying Requirements:-

Policy arranged by COBRA London Markets

Vehicles up to 9 years old at inception

Up to 3500kg and 7m x 3m x 2.25m (L x H x W) 8 seats

 

For more information, please contact a member of the Motor Fleet team.

Uninsured Loss Recovery (ULR)

COBRA London Markets Fleet insurance now includes Uninsured Loss Recovery (ULR) provided by Composite Legal Expenses free of charge.

Provided the policyholder is not at fault for the accident, the policy covers the costs associated with recovering a policy excess, car hire charges and pursuing compensation for personal injuries or lost income/ wages.

 

Key Features:-

24/7 claims reporting

Replacement vehicles from cars to dustbin lorries available at over 400 collection points in the UK

All polices include Personal Injury as standard

No additional charges to clients at point of claim such as ATE insurance

£50,000 limit of indemnity

Repair solutions available with expertise in handling both high volume and large value complex claims

Separate claims process to handle the needs of both the driver and the vehicle owner

 

For more information, please contact a member of the Motor Fleet team.

Legal Expenses Cover

COBRA London Markets Motor Fleet team can offer commercial legal protection for haulage clients underwritten by Abbey Legal.

Our product has been specifically designed for haulage clients who want to insure against the costs of legal or professional representation that will incur during disputes that happen within the industry.

COBRA have partnered with a market leading and trusted legal expenses insurer to provide a convenient and cost effective solution, only available to COBRA clients.

 

What is covered?

Trades & engineers regulatory complaince

Employment disputes

Employment compensation awards

Criminal defence

Court attendance costs

Tax protection

Property & landlord tenant disputes

 

For more information, please contact a member of the Motor Fleet team.

Goods In Transit (GIT)

COBRA London Markets is able to provide competitive prices for Goods In Transit (GIT) polices. For more information, please contact the office and ask to put through to the relevant department.

New Business Broking
Send enquiries to [email protected]
Contact Name
Office Number
Mobile Number

020 7204 8821

07812 563 918

020 7204 8807

07815 943 469

020 7204 8824

Armada Underwriting
Send enquiries to [email protected]
Contact Name
Office Number
Mobile Number

020 7204 8837

07507 135 950

020 7204 8821

07812 563 918

Contact Name
Office Number
Mobile Number

020 7204 8829

07753 259 238

020 7204 8880

020 7204 8851

Contact Name
Office Number

020 7204 8855

020 7204 8823

Send mid-term adjustments to [email protected]
Motor QRG Table