Ecclesiastical launches a new leisure product as part of ambitious plans to double the size of its business

3 July 2023

Glasses on the table in an restaurant

Renowned for its knowledge and expertise in the heritage sector, ICMIF member Ecclesiastical Insurance (UK) the specialist insurer is expanding its risk appetite to include businesses in more modern properties.

Ecclesiastical says it will initially target four- and five-star hotels, fine-dining restaurants, gastropubs, and visitor attractions, with plans to expand to more customer groups in the future.

The new sector offers significant growth potential and has been launched in response to both customer and broker demand for specialist cover.

Richard Coleman, Managing Director of Ecclesiastical Insurance, said: “We’re ambitious for growth and we’ve identified the leisure sector as an exciting opportunity for us. We’re already specialists in heritage where we understand this type of operating risk, and so we can bring that wealth of underwriting and risk management knowledge and expertise to a wider range of businesses.

“Brokers really appreciate what we do – we’re specialists, give strong service and they tell us they want to work with us more, which is why we’re expanding into new sectors. Our leisure policy offers specialist cover that meets the specific needs of customers.

“This launch is part of our growth strategy as we look to double the size of our business. The more we grow, the more we can give to good causes through our owner Benefact Group. Being charity owned, we have a unique purpose that drives us forward and makes this a very special organisation to work for.”

Ecclesiastical offers insurance, risk management and award-winning service across a broad range of specialisms, including faith, charity, heritage, education, art and private client, real estate and schemes.

For more information on Leisure Insurance from Ecclesiastical Insurance, visit Leisure insurance – risk appetite guide (ecclesiastical.com)

For member-only strategic content on the cooperative/mutual insurance sector, ICMIF members have exclusive access to a range of online resources through the ICMIF Knowledge Hub.

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