Ecclesiastical Insurance has introduced an enhanced education insurance product to the market. The product, designed to meet the core needs of education clients, includes a range of covers as well as additional, optional covers and standalone policies. The enhanced product draws on the insurer's 45 years' experience in the education market and provides the comprehensive, tailored cover brokers would expect from a specialist provider.

Alongside the traditional covers, Ecclesiastical has also:

  • Maintained its unique Business Interruption (BI) cover as standard

  • Included £1 million worth of libel and slander cover as standard

  • Provided access to a crisis helpline if an incident could lead to a reputational crisis

  • Added a 'Green Clause' covering environmental improvements to buildings following insured damage up to £500,000

New optional covers include Hirer's Liability cover for groups and organisations that hire the premises; Fidelity cover to protect against dishonesty of employees and professional indemnity for governors, trustees and management. In addition to these optional covers, Ecclesiastical now offers standalone cover for Cyber and Group Travel to education clients.

The newly enhanced product is backed by Ecclesiastical's specialist valuation and risk management expertise. The Ecclesiastical team will work with clients to survey buildings and provide bespoke guidance to help minimise the risk of underinsurance for clients.

Adrian Saunders, Commercial Director at Ecclesiastical said: "We've been providing specialist insurance for the education sector for over 45 years and have developed excellent relationships within the sector that have given us real insight into the needs of education clients. Our in-depth knowledge of the education market has allowed us to develop a product that is truly tailored and provides all of the essential covers that education clients need. It also enables us to offer a selection of optional covers for those with more specific needs."

Together with the insurer's experienced claims handlers, who are well versed in the complex property, business interruption and liability claims of the education sector, brokers can have peace of mind that their clients are in safe hands with a product born out of the specific market needs and knowledge.

The new product will replace the insurer's existing policy for new business and renewals from 1 December 2016.

***ENDS***

For more information contact:

Ann-marie Russell
Group communications
T: 01452 873231 / 07766 558663
E: ann-marie.russell@ecclesiastical.com

Johanna Cassells
T: 01452 873158 / 07557 162660
E: johanna.cassells@ecclesiastical.com

Notes to editors

1. Owned by a registered charity, Allchurches Trust, Ecclesiastical is a unique financial services organisation. With its main operations and headquarters in the UK, Ecclesiastical also operates in Australia, Canada and Ireland. 2. Ecclesiastical is a specialist insurer of the faith, heritage, fine art, charities, education and private client sectors. 3. Founded in 1887 to provide insurance for the Anglican Church, the company now offers a wide range of commercial insurances, as well as home insurance, selling through brokers and directly. 4. The Ecclesiastical Group also includes award-winning investment management business, EdenTree Investment Management, which provides a range of ethically screened investment funds. 5. Ecclesiastical is one of UK's Top Company Donors to Charity according to the 2014-2015 UK Guide to Company Giving. Other 2016 awards include Better Society Awards, Insurer of the Year and Post Magazine, Claims Awards, Customer Care winner. 6. In 2014 the Group launched its vision to donate £50m to charity in a three year period. In March 2016 the Group announced that it had reached its target almost a year ahead of schedule donating almost £53m in total. 7. Many businesses say they are different. Ecclesiastical really is. Find out why here www.ecclesiastical.com/ourstory

Ecclesiastical Insurance Office plc published this content on 05 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 07 December 2016 18:04:04 UTC.

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