Inland hire fleet operators can now protect their bottom line with a low-cost Excess Protection option from Marine Trades Insurance specialists Insurance Risk & Claims Management (IRCM). The cover will extend to Property claims as well as Public Liability and Third Party Liability arising from use of their hire fleet.

Mark Elcocks, Specialist Risks Executive with IRCM said “It is not unusual for a pleasure craft operator to have to make multiple Third Party Liability claims in the course of a season and with excesses for these claims typically being around £500 this could significantly affect an operator’s bottom line”. Mark went on to say “Excess Protection provides a pot of money of up to £2,500 per year which operators can use to offset their property and third party liability excess payments with annual premiums starting from only £69.96”.

Pleasure craft operators can further protect their bottom line by opting for the Crime Extension on IRCM’s preferred Directors & Officers (D&O) Liability offering.  The extension provides protection for the business in the event of theft from employees (cover that is excluded on a standard marine trade policy).  This cover has already benefitted businesses that have suffered sizeable losses due to thefts of money and stock by employees.  The D&O cover recommended by IRCM protects the assets of the business as well as the directors and offers additional benefits covering Employment Practices Liability and Pollution.

To discuss policy excess protection for your business telephone Mark Elcocks on 01902 796 793 or email


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