UK’s Jubilee Agency to Underwrite Amateur Auto Race Drivers

March 9, 2010

Specialist Lloyd’s insurer, Jubilee Managing Agency Limited, has been appointed to provide dedicated amateur motor sport personal accident coverage for amateur race and rally drivers who hold UK Motor Sport Association (MSA) competition licenses.

Coverage will be available through “motorsport insurance specialist Motorsports Race & Rally Insurance Services (MORIS),” said the announcement. It is “designed to provide drivers with personal accident cover whilst practicing, testing and racing in any of the 5,000 MSA club organized events in the UK and others in Europe during the competitive season.”

It is being offered exclusively through the MORIS web site (www.moris.co.uk), which Jubilee noted is the “world’s first on-line motorsport insurance website, launched in October last year. It is underwritten through Jubilee’s Lloyd’s Syndicate 5820.

“The MORIS Competition Personal Accident scheme provides for Accidental Death and/or Permanent Total Disability with an option to include Partial Disability. Optional extensions to the cover are also available including Temporary Total Disablement and Emergency Medical Expenses and Repatriation for those racing outside of the UK.

Graham Sims, Head of Accident & Health at Jubilee, commented: “MORIS has an outstanding reputation for insurance solutions for members of the motorsport world so we are delighted to have been selected as their partner in this new venture. Our underwriting and servicing approach means we are able to respond to the very specific needs of many different affinity and membership groups.”

The bulletin also explained that MORIS is a trading name of Everitt Boles Ltd. Its Managing Director Justin Everitt noted: “We have developed the world’s first competitive online motorsport insurance solution that delivers our customers relevant protection to the highest standards of service. Jubilee’s expertise provides us with a dedicated cover backed by the strength of Lloyd’s which meets all our clients’ expectations.”

Source: Jubilee Managing Agency – www.jubilee-insurance.com

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