Brokers do your clients have the right cover for the King’s Coronation?

Authored by NIG

You may have heard, there’s a rather big national celebration this year! May 2023 will see us enjoying three bank holiday weekends to mark the King’s Coronation on Saturday 6th May.

As the nation celebrates this landmark, both in the build-up to and over the long weekends, there are likely to be a huge number of public events and community activities taking place. Many businesses may also find their operational needs changing as they stock-up for the celebrations and host different activities. We take a look at how we can help you ensure your clients have the right protection in place to make the most of this momentous occasion.

Our underwriting stance

Most of our products are already tailor-made with suitable inner limits appropriate for such events. For example, we offer cover for exhibitions up to £50,000 and seasonal stock increases of 25%, free of charge to a certain sum insured.

If sections of cover are no longer required, or the level of cover needs altering to accommodate an event or reflect a change in trading behaviour please contact us.

There may be some instances where we require additional information, for example, related to Plant & Machinery hire.

For Package products, you’ll be able to process many mid-term amendments electronically as usual. System-related referrals can be sent to the usual underwriting teams.

Help us to help your clients

Our dedicated underwriting teams will always try and accommodate requests where possible. However, there may be instances where further information regarding the event or change in business practices may be required.

To help us help you as quickly as possible, please have any relevant information to hand when discussing Policy amendments with our teams.

Risk Assist and Risk Surveyors

You can access Risk Assist for an easy-to-use and comprehensive range of online tools to help manage and reduce risks in your client’s business, 24/7. Plus, our team of Risk Surveyors will be on the road throughout 2023, ready to help mitigate risk during the celebrations.