Schemes - we cover more than you think

02 September 2022

We’ve a well-deserved reputation as a leading insurer in the church, charity, education, heritage, faith, high-net-worth and property sectors. What's less well-known is our substantial involvement in specialist schemes.

We’ve been in this arena for more than thirty years, and are already working with broker partners on a wide range of schemes – everything from farms to funeral directors, from book dealers to veterinary practices, and from brass bands to micro-pubs, as well as some specialist personal lines, including liability cover for pets, and contents in retirement communities.

We've ambitious plans to grow our schemes business significantly. So if you’re looking for a specialist schemes insurer with a broad risk appetite who has a flexible, proactive and collaborative approach to growing a scheme, then perhaps it’s time to take another look at Ecclesiastical.

What are we looking for?

Florists, animal sanctuaries, boutique gin distilleries, cycle shops, choirs and similar societies, drama groups, model railway and other hobbyists, and certain specialist personal lines such as cycles … you name it, and the chances are we’re interested in talking to you about it.

We want to work with like-minded brokers and MGA's, who are passionate and knowledgeable about their existing scheme – or have a great idea for a new one, and the commitment to dive into the data and the detail to make it work.

There are certain constraints – we will not be looking at motor, heavy industrial, or standard household. Candidate schemes have to be UK-based and property-led with short tail, low-to-medium hazard casualty exposure and the capacity to be underwritten profitably with a simple, rules-based delegated authority. But beyond that, the possibilities are almost endless.

So if you've an existing scheme or a new scheme idea where you've strong market expertise that you’d like to talk to us about, it would need to show a track record of at least three years, and be £500,000+ in size or have great growth potential.

For speculative schemes, we’re keen on relatively unsaturated markets, where schemes have yet to really take off.

And we’d certainly consider consolidation opportunities – a group of your customers with similar demands and needs currently spread across different markets with the potential to create a tailored product solution and Delegated Authority.

So what can we offer in return?

We’re not a small insurer – but we’re small enough that we can offer tailored propositions.

We’ve a dedicated schemes underwriting team who work hard to build up personal relationships with their brokers; you’ll speak to the same person, every day including on referrals and they’ll really understand both the detail and the importance of the relevant scheme to you and your customers.

And there’s not much our team hasn’t seen before – one minute they might be looking at helping to provide terms for a nursery with a forest school, and the next they’re working on cover for a £1 million artwork stored on a military base.

That sort of broad industry experience means we can:

  • work with you to ensure your scheme meets the needs both of your customers and the ever-increasing regulatory environment via our dedicated Product Governance team
  • help with direct marketing, and more complex matters like search engine optimisation on Google and its competitors
  • provide our truly excellent and award-winningclaims teams, who deliver unbeatable serviceand a 45 strong in house team of all qualified risk management professionals offering valuation, technical, audit and practical H&S advice.

And we have the capacity required to put it all together to work for you and your customers.

So next time you’re reviewing the performance of your existing scheme and want to achieve more with the right partnership or you have a scheme idea in an untapped market - take another look at Ecclesiastical, part of Benefact Group (4th largest corporate charitable donor in the UK)3 and talk to our specialist schemes team.

1 Claims Team of the Year, Insurance Post Claims and Fraud Awards 2021 and Digital Insurance Innovation of the Year, British Insurance Awards 2021.

2 Gracechurch Claims Service Quality Marque (SQM) for UK Mid-Market

3 DSC – The guide to UK Company Giving 2021-22

Meet Simon McGill

A photo of Simon McGillSimon McGill - UK Schemes Development Manager

Simon is responsible for leading Ecclesiastical Schemes DA and MGA development and helping brokers to find solutions in the Schemes space across the United Kingdom. He is the focal point for all new enquiries, working with the team of Strategic Account Managers and New Business Underwriters within Ecclesiastical.

Prior to joining the Schemes team, Simon worked as an open market Account Manager in the Northern Region for Ecclesiastical and had enjoyed a 30 year career within corporate broking and insurance recruitment.

Mobile: 07376 673 833