Target market statements (TMS) and fair value assessments (FVA)
Information for brokers about Zurich's fair value assessment methodology, our approach to product approval, and target market statements for specific products.
Understanding this page
The documents on this page outline how we meet our requirements, set out by the Financial Conduct Authority, to ensure our products provide fair value to all our customers. You will also find target market statements, providing information about our product distribution strategy, as well as information about who our products are suitable for and unsuitable for.
Our product approval process
Fair value assessment and target market statements
| Product name | Product family (TMS and FVA) |
|---|---|
| Affinity Personal Accident | Affinity Group Personal Accident and Travel |
| Art and Collectors | Fine Art and Specie |
| Building Insurance Policy | Real Estate (domestic) |
| Care and Retirement Combined ‘All Risks’ | Commercial Combined for Mid-Market |
| Charitable Donations | Legal Indemnities |
| Charities Executive Risk Solutions (Acturis) Charity and Charity Trustee Liability | Directors and Officers, Trust and Trustees |
| Charity and Charity Trustee Liability | Directors and Officers, Trust and Trustees |
| Combined | Commercial Combined for Mid-Market |
| Combined 'All Risks' | Commercial Combined for Mid-Market |
| Combined 'All Risks' Food and Beverage | Commercial Combined for Mid-Market |
| Combined ‘All Risks’ Ireland Policy | Commercial Combined for Mid-Market |
| Combined 'All Risks' Manufacturing | Commercial Combined for Mid-Market |
| Combined 'All Risks' Professional and Business Services | Commercial Combined for Mid-Market |
| Combined 'All Risks' Sports, Leisure and Entertainment | Commercial Combined for Mid-Market |
| Combined 'All Risks' Technology and Communications | Commercial Combined for Mid-Market |
| Combined 'All Risks' Wholesale and Retail | Commercial Combined for Mid-Market |
| Combined Liability (e-trade) | Combined Liability (e-trade) |
| Commercial Combined (e-trade) | Commercial Combined (including Contractors Combined) (e-trade) |
| Community Activities Combined ‘All Risks’ | Commercial Combined for Mid-Market |
| Computer | Commercial Combined for Mid-Market |
| Construction Combined | Construction |
| Contract Works Construction | Construction |
| Contract Works Machinery | Construction |
| Contractors Combined (e-trade) | Commercial Combined (including Contractors Combined) (e-trade) |
| Contractors Joint Indemnity | Construction |
| Contractors Plant | Construction |
| Corporate Accident and Business Travel Ireland Policy | Personal Accident and Business Travel |
| Corporate Accident and Business Travel Policy | Personal Accident and Business Travel |
| Corporate Directors and Officers Liability | Directors and Officers, Trust and Trustees |
| Deterioration of Stock | Engineering Machinery |
| Electronic Equipment | Engineering Electronic |
| Employers’ Liability | Commercial Combined for Mid-Market |
| Engineering Combined | Engineering Machinery |
| Excess Contractors Joint Indemnity | Construction |
| Excess Directors and Officers Liability | Directors and Officers, Trust and Trustees |
| Excess Employers’ Liability | Commercial Combined for Mid-Market |
| Excess of Loss (e-trade) | Commercial Combined for Mid-Market |
| Excess Professional Indemnity | Professional Indemnity |
| Excess Public and Product Liability | Commercial Combined for Mid-Market |
| Executive Risk Solutions (e-trade) | Directors and Officers, Trust and Trustees |
| Executive Risk Solutions for Charities | Directors and Officers, Trust and Trustees |
| Executive Risk Solutions Ireland Policy | Directors and Officers, Trust and Trustees |
| Fleet | Motor Fleet for Mid-Market |
| Group Personal Accident and Business Travel | Personal Accident and Business Travel |
| Heritage, Religion & Culture Combined 'All Risks' | Commercial Combined for Mid-Market |
| Hired-in Machinery | Construction |
| Home Builders Construction Insurance Scheme | Construction |
| Inspection Contract and Plant Protection | Engineering Machinery |
| Jewellers Block | Fine Art and Specie |
| Loss of Licence | Commercial Combined for Mid-Market |
| Machinery Loss of Profits | Engineering Machinery |
| Machinery Movement | Engineering Machinery |
| Machinery Sudden and Unforeseen Damage | Engineering Machinery |
| Material Damage | Commercial Combined for Mid-Market |
| Material Damage 'All Risks' | Commercial Combined for Mid-Market |
| Material Damage and Business Interruption | Commercial Combined for Mid-Market |
| Material Damage and Business Interruption 'All Risks' | Commercial Combined for Mid-Market |
| Missing/Lost Share Certificate | Legal Indemnities |
| Museum | Fine Art and Specie |
Office and Surgery |
Office and Surgery |
| Pension Trustees' Liability | Directors and Officers, Trust and Trustees |
| Personal Accident and Business Travel (e-trade) | Personal Accident and Business Travel |
| Professional Indemnity for Accountants | Professional Indemnity |
| Professional Indemnity for Advertising, Marketing and Public Relations Industries | Professional Indemnity |
| Professional Indemnity for Architects and Engineers (Civil Liability) | Professional Indemnity |
| Professional Indemnity for Architects and Engineers (Negligence Basis) | Professional Indemnity |
| Professional Indemnity for Chartered Surveyors | Professional Indemnity |
| Professional Indemnity for Design and Construction | Professional Indemnity |
| Professional Indemnity for General Professions (Civil Liability) | Professional Indemnity |
| Professional Indemnity for General Professions (Negligence basis) | Professional Indemnity |
| Professional Indemnity for Technology and Communications | Professional Indemnity |
| Property Owners (e-trade) | Property Owners |
| Public and Products Liability | Commercial Combined for Mid-Market |
| Real Estate Engineering Inspection and Plant Protection | Engineering Machinery |
| Real Estate Insurance | Real Estate (domestic) |
| Real Estate Title Indemnities | Legal Indemnities |
| Refuge Cover Combined ‘All Risks’ | Commercial Contactors Combined for SMEs |
| Shop – Retailers, Salons, Pubs and Restaurants (Acturis) | Shop |
| Small Fleet (e-trade) | Small Fleet |
| Solicitors Professional Indemnity Insurance | Professional Indemnity |
| Tradespeople and Homeworkers (Acturis) | Tradespeople and Homeworkers |
| Trust and Probate | Legal Indemnities |
| Trustee and Trust Fund Indemnity | Directors and Officers, Trust and Trustees |
| Zurich 360 Contractors | Construction |
| Zurich Contractors' Combined | Construction |
| Zurich Contractors’ Combined Ireland Policy | Construction |
| Zurich Contractors’ Combined Personal Accident | Construction |
| Zurich Private Clients Home (including France, Ireland, Italy, Portugal Spain & UK product variants) | Home - Zurich Private Clients |
| Zurich Private Clients Motor | Motor - Zurich Private Clients |