Parallel Lines

LATEST NEWS

1st March 2020

 

Shepherd Compello launches new motorsport division

 

London-based Lloyd’s Insurance Broker and Coverholder Shepherd Compello is pleased to announce the launch of a brand-new division that will focus on the delivery of products for motorsport competitors, associated businesses and organisations: Shepherd Compello Motorsport Insurance.

 

Headed-up by experienced motorsport insurance professional, former competitor and championship promotor, Mark Taylor brings with him a wealth of knowledge from both sides of business. Consequently, the company is uniquely placed to understand customer requirements coupled with the insurance product marketplace.

 

“Knowing first-hand what our customers need and being aware of the insurance products that are available, enables us to offer policies that are fit-for-purpose, so competitors can take part in events with peace-of-mind. This means when the action starts, they can focus on the result and not the consequences”, explains Mark.

 

“Our mission is to provide customers with clear and concise information that makes it easy to understand what’s covered and what’s not. As we specialise in motorsport and the activities and business that surrounds it, our focus is to provide cover that’s relevant and fit-for-purpose, with a range of options and a transparent pricing policy.”

 

Initially, the company will offer a series of products for competitors, teams, businesses, event organisers and track day drivers. These include, but are not limited to:

  • On-track accident damage

  • Motor sport trader policies

  • Public and employer liability

  • Personal accident and medical repatriation

  • Storage, marine and transit cover

  • Event cancellation

  • High risk travel insurance

  • Cyber risk cover

 

In the coming months, the company will announce further details, unveil its branding and launch a brand new and market-focussed website that will allow customers to explore the range of products and request a quote with just a few clicks.

 

ENDS