In the wake of insurers withdrawing from the travel sector, Wrightsure has reassured the sector that one of its specialist insurers continues to welcome applications for consumer protection insurance.
Andrew Day, Wrightsure, says: “Due to the reduction in insurer capacity facing the industry, a number of businesses have been forced to investigate alternative ways of complying with the Package Travel & Linked Travel Arrangements Regulations 2018 from a consumer protection perspective. Accordingly, we are currently in discussions with a number of leading industry stakeholders to ensure that, where possible, we can provide the UK coach industry with a solution to ensure travel companies are able to trade in a legal and compliant manner. This is particularly important should it transpire the financial failure or bonding route is not the right way forward for them.
“As a specialist in the field of specific surety insurance broking to the UK coach & bus industry, I would be delighted to undertake a complimentary review of any operator’s incumbent consumer protection arrangements to see how Wrightsure may be able to be of assistance to them.”
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