Travel Industry Underwriters
“Ask Us First” for Travel Industry Insurances
COMBINED LIABILITY INSURANCE For TOUR OPERATORS & TRAVEL AGENTS
Our Principal Classes of Travel Industry Business
· Tour Operators and Travel Agents Combined Liability
· Crisis Management Insurance for Tour Operators
· Event and Conference Organisers Combined Liability
· Directors & Officers Insurance
· Commercial Property & Contents Insurance
. Holiday Accommodation & Foreign Home Insurance
. Holiday & Ski Accommodation Providers Security Deposit Waiver Insurance
. Wholesale Travel Insurance Schemes
. Personal Accident & Sickness Scheme for Licenced Taxi Drivers
We can also advise on the provision of Scheduled Airline Failure, Supplier Failure, Cruise Cancellation. We also hope to introduce other products during the year in keeping with our aim to help the travel industry stay ahead in 2014. Phone us first, we will be able & happy to help.
The Package Travel Regulations (and equivalent legislation throughout the EU) place ever increasing responsibilities upon your travel business for your legal liability to your clients.
The Package Travel Directive was reviewed in 2013 and the European Commission has already stated that it’s desire going forward is to introduce more regulation over how Holidays are sold in the EU. Many Trade Associations make insurance against this liability a requirement of membership but even if this does not apply to your business, could your Company survive claims against you without such cover and the peace of mind which it brings.
TIU - Travel Industry Underwriters was formed in 2012 to focus on UK and international tour operators and the travel industry, with the aim of bringing relevant liability insurance cover to the Travel Trade with the optimum levels of cover at a competitive premium.
Travel Industry Underwriters is also aiming to offer regional insurance brokers access to specialist property & liability products.
TIU Insurances are underwritten by Lloyds Syndicates and Selected Insurance Companies. Lloyds carries A & A+ ratings.
TIU is the creation of Vince Wilkins, an experienced and well known underwriter of travel industry business in London, the UK regions and Europe. Vince has enjoyed a long association with ABTOF, AITO & ABTA
Vince stated, “ This is a fantastic opportunity to bring top rated Lloyds security and excellent service fulfilment to Brokers with Travel Industry clients of whatever size. The aim of TIU is to provide protection which the Travel Industry wants and needs, not the common ‘ one size fits all’ approach ”
TIU will operate as an Appointed Representative of ASUA Ltd. Both businesses specialise in providing high quality security and high service levels for specialist leisure industries; they operate through regional and London brokers and their underwriters are similarly recognised for their specialist experience and skill.Based in the City of London, TIU will share administration systems and coordinate marketing and underwriting capacity.
Vince Wilkins - Underwriter
Vince has 30 years experience in the insurance industry, firstly as a Lloyds Broker and for 7 years as a Travel Industry Liability Underwriter with an MGA.
A member if the Institute of Travel & Tourism, he has experience of international marine, aviation and leisure insurance sectors.
Vince has spoken at Travel Trade events on the subject of Crisis management and associated insurance. He is currently Vice Chairman of the Travel Luncheon Club, a networking organisation of travel industry professionals. Latterly he has been profiled by TNT Magazine and has appeared in Cruise Insight Magazine & Travel Weekly.
Travel Industry Underwriters
24 The Street, Boughton under Blean, Faversham, ME13 9AS
Telephone: +44 (0) 203 143 3285