Motorsports – Case Study
The Client: WSIB were approached to review and quote on the insurances of a company within the Motorsports industry.
The Issue: After review of their current insurance program, it was evident that their Public Liability coverage was not sufficient to cover all of the Liability exposures inherent with the Motorsports industry. There were some complex issues that hadn’t been addressed.
The Resolution: WSIB were appointed as their Broker and subsequently designed an insurance program which covered these exposures and removed the ambiguity of cover.
Case Reflection: As a result of this in-depth review and restructure of the insurance program, we were able to secure the client the correct coverage they require whilst also securing a premium saving by ensuring the program had no duplications in coverage and was with Insurers who understood the industry and were able to provide competitive premiums.