The Andrew Simpson Sailing Foundation’s Trading arm Andrew Simpson Sailing Trading Limited (ASSTL) has entered into an exclusive relationship with Aon UK Limited, the UK’s largest Insurance broker*, to launch sailing and water sports specific Marine Liability and Commercial Combined Business insurance policies to its supporters.
Aon UK Limited has worked with Amlin Syndicate, a Lloyd’s insurer, to develop a tailored product that caters for the marine trade, marine clubs and leisure complexes.
The Andrew Simpson Sailing Foundation (ASSF) was founded in memory of, and inspired by, Olympic Gold medallist, Andrew ‘Bart’ Simpson who died at the age of 36. The charity was formed by Trustees Sir Ben Ainslie, Iain Percy OBE and Andrew’s wife Leah Simpson in 2013 and will honour the life and legacy of a sailor who was passionate about encouraging and helping others fulfil their aims.
Andrew Simpson Sailing Trading Limited (ASSTL) will act as Introducer Appointed Representative of Aon UK Limited, to promote this new product and other water sports related insurance covers in the future.
In its continuing support of the work of the Andrew Simpson Sailing Foundation, Aon UK Limited., trading as Aon Benfield has pledged to donate a percentage of the fee the firm receives for each new policyholder introduced to it by the Andrew Simpson Sailing Trading Limited.
This will help to enable the Foundation to continue supporting not-for-profit sailing organisations across the globe and help improve the lives of young people through sailing. All monies received by ASSTL from the sale of insurance products will be given to the ASSF to be used to fund worldwide sailing causes in line with the Foundations objectives.
Ben Nicholls, a Senior Broker at Aon UK Limited, commented: “Businesses and bodies associated with water and water sports require bespoke insurance covers, we are thrilled to be able to help the ASSF’s supporters obtain access to Amlin’s market leading package covers designed specifically for those working or participating in water sports. ASSTL will introduce Clubs, Associations, businesses and trades to Aon UK Limited for us to obtain specialist cover from the Amlin Syndicate at Lloyd’s.
The ASSF will benefit financially from every premium received.” Emma Syrett, a Broker from Aon UK Limited added: “This product is already well established throughout the marine trade sector, however this approach enables Clubs and Businesses to divert their insurance premiums in a direction where the ASSF will benefit through payments of commissions to ASSTL. Our global network of offices enables the ASSTL to introduce this product to their supporters around the globe.”