Insurer moves into the cycle retail market

New cycle shop insurance offering launched

Insurance broker Alan & Thomas has released a new insurance product aimed specifically at retailers in the cycle industry.

The new policy seeks to cover all eventualities that cycle shop owners and managers should be aware of – particularly – stock cover.

The product came about following extensive research and working in conjunction with a number of the UK’s leading insurers, the firm said. 

“Rather than opting for a standard retail policy that may not offer sufficient cover, cycle retailers are advised to seek a bespoke policy tailored to their individual needs," commented Matt Gowing, commercial account executive at Alan & Thomas.

"Our expert retail team will not only guide traders through the process ensuring the cover they have meets their needs but they also advise on all aspects of risk management including health and safety and crime issues around premises.

“As we’re an independent broker – not tied to any one insurer – we can offer clients highly competitive premiums and ensure they’re only paying for cover that’s relevant to their business.”

As well as providing bespoke cover specific to cycle shops, the policy also includes standard cover – such as buildings and contents, public and employers’ liability and legal expenses – all of which can be tailored to individual requirements.

Alan & Thomas is an insurance specialists providing solutions for businesses, individuals, charities and organisations. As well as being a Top 100 broker in the UK, the company has been awarded the title of Chartered Insurance Broker by the Chartered Insurance Institute – an accolade awarded to only ninety one brokers nationwide.

For more information contact Matt Gowing on 01202 754934 or email

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