Mid-market

What is the purpose of this product?

This is a mid-market insurance product family, covering UK domiciled organisations and businesses with a turnover of typically between £5 million and £300 million, who want to insure their property against damage and business interruption, and insure against their legal liabilities as an employer and their business activities, services or products manufactured, supplied or sold, with cover that is adaptable to their specific trade. 

What is the target market?

The product is suitable for customers if:

• You are a commercial entity based in the UK, Channel Islands, or the Isle of Man looking to insure your operational business assets and legal liabilities
• You are an individual over the age of 18 operating a business
• You are looking to insure as a combination, or individually, material damage, business interruption, employers' liability, or public & products liability
• You want to insure risks that are unsuitable for a package product which could include Manufacturing, Engineering, Printing, Retail and Wholesale, Electrical and Optical, Sports Leisure and Entertainment, Professional Business Services, Food and Beverage
• You want to insure a commercial entity with a turnover typically between £5 million and £300 million

What is the non-target market?

The product is not suitable for customers if:

• You are not a company based in the UK, Channel Islands, or Isle of Man
• The properties you want to insure are outside of the UK, Channel Islands, or Isle of Man
• You have unspent criminal convictions or an adverse financial history
• Your turnover is typically less than £5 million or over £300 million
• You are looking to insure predominantly residential properties
• Your risk is suitable for an eTrade package product
• Your risk is a local authority or government

How is the product distributed?

This product is distributed by Brokers.

Does the product demonstrate fair value?

The outcome of the Fair Value Assessment confirms that this product is considered to provide fair value to customers for a foreseeable period of time. The Fair Value Assessment is valid until 28/08/2026.

What is the purpose of this product?

This product is designed to provide insurance solutions for businesses operating in the construction sector. The cover is designed to protect against a range of risks associated with construction activities, including damage to property, machinery, and equipment, as well as liabilities arising from business operations. Sector-specific products offer tailored protection to meet the unique needs of different areas within the construction industry.

What is the target market?

The product family is designed for UK-domiciled businesses operating in the construction sector, including:

• Individuals, sole traders, and large commercial operations
• Business users, contractors, and other users of hired-in industrial or construction type plant

What is the non-target market?

• Non-UK domiciled entities (except for Irish subsidiaries covered by the Contractors Combined Ireland policy)
• Corporate and Tradesperson product variants are not interchangeable; each is restricted to its target segment
• Businesses not operating in the defined sector for sector-specific products

How is the product distributed?

This product can be distributed by Brokers or delegated authority.

Does the product demonstrate fair value?

The outcome of the Fair Value Assessment (FVA) conducted in accordance with Zurich's published FVA Methodology confirms that the product provides fair value. All products listed have all passed the Fair Value Assessment and are valid until 31/08/2026.

What is the purpose of this product?

Cover for loss or damage to electronic equipment which can include breakdown peril on some items and cover for loss or damage to computer equipment and resultant increased costs of working or recompilation of data. Doesn’t cover full business interruption.

What is the target market?

Owners of all types of electronic equipment used for business purposes and businesses utilising computer equipment for sales, design and administration functions.

What is the non-target market?

• Computers for purely personal / non-business use.
• Electronic equipment not associated with business activities.

How is the product distributed?

This product can be distributed by Brokers only.

Does the product demonstrate fair value?

The outcome of the Fair Value Assessment (FVA) conducted in accordance with Zurich's published FVA Methodology confirms that the product provides fair value. All products listed have all passed the Fair Value Assessment and are valid until 31/08/2026.

What is the purpose of this product?

• Inspection service plus accidental damage or breakdown cover on inspected items.
• Cover for accidental damage or breakdown of production machinery or building services.
• Cover for loss or damage during machinery movement operations.
• Cover for loss of profit following accidental damage or breakdown of machinery or failure of public utilities. Sold in conjunction with Machinery sudden and unforeseen damage.

Combined policy covering Engineering covers:

• Inspection service
• Machinery movement
• Machinery sudden and unforeseen damage
• Machinery loss of profit
• Computer
• Deterioration of stock
• Contractors plant and contract Works.

Cover for deterioration of goods stored in cold rooms or freezers as a result of the failure of refrigeration plant, escape of refrigerant gases or failure of electricity supply.

What is the target market?

• Property Owners and machinery owners used for business purposes.
• Businesses moving, repositioning or installing process machinery.
• Small to Medium sized businesses requiring a broad range of Engineering and Machinery covers.
• Businesses using refrigerators or cold stores for the storage or distribution of temperature sensitive stock, predominantly food.

What is the non-target market?

Non-business use and business outside the UK.

How is the product distributed?

This product can be distributed by Brokers only.

Does the product demonstrate fair value?

The outcome of the Fair Value Assessment (FVA) conducted in accordance with Zurich's published FVA Methodology confirms that the product provides fair value. All products listed have all passed the Fair Value Assessment and are valid until 31/08/2026.

What is the purpose of this product?

For Art & Collectors - Protection against theft, damage, and physical loss related to to Fine Art, Antiques, Collectibles or other high value rare items.

For Museums - Protection against theft, damage, and physical loss related to to Fine Art, Antiques, Collectibles or other high value rare items.

For Jewellers Block - Protection against theft, damage, and physical loss related to jewellery and assets of high value.

What is the target market?

For Art & Collectors - Individuals or companies domiciled in the UK who own valuable artworks, antiques, collectibles or other high value rare items and require protection against theft, damage, and loss related to their art/collectable items.

For Museums - Individuals or companies such as museums and galleries domiciled in the UK who own and showcase artworks, antiques, collectibles or other high value rare items and require protection against damage, theft and loss in respect of their items.

For Jewellers Block - Individuals and companies domiciled in the UK (such as jewellery wholesalers, retailers, manufacturers and associated trades) who own and / or trade jewellery and assets of high value and require protection against theft, damage and loss in respect of their items.

What is the non-target market?

For Art & Collectors - Individuals or companies domiciled outside of the UK or do not own or have interest in valuable artworks, antiques, collectibles or other high value rare items.

For Museums - Individuals or companies domiciled outside of the UK or do not own and showcase artworks, antiques, collectibles or other high value rare items.

For Jewellers Block - Individuals and companies domiciled outside of the UK or who do not own or trade in jewellery and assets of high value.

How is the product distributed?

This product can be distributed by Brokers only.

Does the product demonstrate fair value?

The outcome of the Fair Value Assessment (FVA) conducted in accordance with Zurich's published FVA Methodology confirms that the product provides fair value. All products listed have all passed the Fair Value Assessment and are valid until 30/09/2026.

What is the purpose of this product?

The Mid-Market Fleet product provides cover for businesses wishing to typically insure more than 20 vehicles; the product covers all legal requirements under the Road Traffic Act and allows businesses to protect themselves beyond these legal liabilities. It is recognised as being a high quality product given its five star Defaqto rating.

What is the target market?

This product is suitable if:

• You are a commercial entity based in Great Britain, NI, IoM & Channel Islands;
• Your vehicles travel within the UK, Channel, Isle of Man and to the European Union, Andorra, Serbia, Bosnia-Herzegovina, Iceland, Norway, or Switzerland;
• Your vehicles are used for carriage of own goods and/or personal use;
• Your fleet drivers hold a valid driving licence;
• You have a fleet of vehicles that includes cars, light commercial vehicles and may also have heavy goods vehicles, plant machinery, agricultural vehicles, and trailers;
• Your vehicles are owned or leased by the company or director.

What is the non-target market?

The product is not suitable if:

• You are a commercial entity based outside of Great Britain, NI, IoM & Channel Islands, looking to insure vehicles based outside of the UK, Channel Islands, or the Isle of Man;
• Your vehicles are not registered in the Great Britain, NI, IoM & Channel Islands;
• Your vehicles travel outside of the European Union, Andorra, Serbia, Bosnia-Herzegovina, Iceland, Norway, or Switzerland;
• Your vehicles are used for hire and reward;
• You want to insure your personal vehicles or employee’s vehicles (excluding directors vehicles as part of a larger fleet);
• You operate as a sole trader;
• Your fleet drivers do not hold a valid driving licence;
• You have no cars or light commercial vehicles in your fleet.

How is the product distributed?

This product is distributed by Brokers.

Does the product demonstrate fair value?

The outcome of the Fair Value Assessment confirms that this product is considered to provide fair value to customers for a foreseeable period of time. The Fair Value Assessment is valid until 12/09/2026.

What is the purpose of this product?

This is an Excess of Loss (XOL) insurance product family, covering UK domiciled organisations and businesses of all sizes. In respect of E-Trades & Schemes XOL, turnovers are typically up to £300 million, who want to insure against their legal liabilities as an employer and their business activities, services or products manufactured, supplied or sold but whose primary insurer has reached its liabilities limit.

This is for commercial clients ranging from SME (small contractor) through to large and complex risks (e.g. House Builders or Infrastructure Contracting with turnovers greater than £1 billion). Whilst this is a broad range of commercial customers, we assess the grouping as appropriate based on the common nature of the trigger that necessitates a customer’s requirement for this product. Business of any size may need to purchase XOL for reasons such as:

• The primary insurer may not be able to provide full limits required (particularly if there’s North American Exports or Heath Work at third party premises)
• Contractual requirements may require minimum limits to be purchases (such as construction contracts or vendors’ agreements)
• Balance sheet protection (large losses happen to businesses of all sizes)

What is the target market?

The product is suitable for customers if:

• You are a commercial entity based in the UK, Channel Islands, or the Isle of Man looking to insure your legal liabilities
• You are an individual over the age of 18, a company, or a partnership
• As a combination or individually, you are looking to insure XOL employers' liability or public & products liability
• You want to insure a commercial entity with a turnover typically up to £300 million (in respect of E-Trades & Schemes XOL)

What is the non-target market?

The product is not suitable for customers if:

• You are not a company based in the UK, Channel Islands, or Isle of Man
• You have unspent criminal convictions or an adverse financial history
• Your turnover is typically over £300m (in respect of E-Trades & Schemes XOL)
• Your risk is a local authority or government

How is the product distributed?

This product can be distributed by Brokers either online purchase or manual submission.

Does the product demonstrate fair value?

The outcome of the Fair Value Assessment confirms that this product is considered to provide fair value to customers for a foreseeable period of time. The Fair Value Assessment is valid until 30/11/2025.