Engineering Machinery Options by Touchstone Underwriting Ltd provides tailored protection for firms that depend on machinery or specialist equipment. The product suits many sectors, such as engineering, manufacturing, healthcare, and property management.
About Engineering Machinery Options by Touchstone Underwriting Ltd
Clients can select a combined inspection and insurance package or choose inspection-only cover. Touchstone Underwriting Ltd is the only MGA with authority from Allianz for this product.
Cover includes equipment breakdown, computer breakdown, deterioration of stock, and machinery movement. There is no excess, and brokers need a contract to access the product.
Engineering Machinery Options by Touchstone Underwriting Ltd is available in the Channel Islands, England, Isle of Man, Northern Ireland, Wales, and Scotland. Inspection services help businesses meet statutory rules and lower the risk of machinery breakdowns.
Brokers can view product documents, download forms, or use the ‘Contact Underwriter for Quote’ option on this page for more details. Touchstone Underwriting Ltd offers tailored support and responsive service for brokers.
Engineering Machinery Options by Touchstone Underwriting Ltd FAQs
What is the main purpose of the policy?
Engineering Machinery Options by Touchstone Underwriting Ltd protects businesses from unexpected equipment breakdowns and related risks. The product offers insurance and inspection services for firms that depend on machinery to keep operations steady. Its flexible choices suit many business needs throughout the UK.
What regions does this insurance product serve?
Engineering Machinery Options by Touchstone Underwriting Ltd is offered in England, Scotland, Wales, Northern Ireland, the Channel Islands, and the Isle of Man. This wide reach suits businesses across the UK and nearby areas. Clients in these regions can access both inspection and insurance services.
What types of machinery can be covered by Engineering Machinery Options by Touchstone Underwriting Ltd?
The product can cover a wide range of machinery, such as plant equipment, computer systems, specialist machinery, and HVAC systems. It is suitable for equipment used in engineering, manufacturing, healthcare, and other sectors. The cover can be tailored to match the machinery needs of each business.
Can clients choose an inspection-only service?
Yes, clients can select an inspection-only service without adding insurance cover. This option is ideal for businesses that need to meet statutory inspection requirements but do not require full insurance. The inspection service can also be combined with insurance for broader protection.
Does Engineering Machinery Options by Touchstone Underwriting Ltd include computer breakdown cover?
Yes, computer breakdown cover is included as a standard or optional feature. This cover helps protect businesses from losses caused by sudden computer equipment failure. It is especially useful for firms that rely on technology for daily operations.
Are there any additional coverages available?
Yes, Engineering Machinery Options by Touchstone Underwriting Ltd offers additional coverages beyond standard equipment breakdown. These include computer breakdown, deterioration of stock, and machinery movement. These extra options help businesses tailor their protection to specific risks faced in their industry.
What types of businesses are eligible for Engineering Machinery Options by Touchstone Underwriting Ltd?
Eligible businesses include those in engineering, general contracting, manufacturing, healthcare, property development, and education. The product is also open to plant hire companies, professional services, and leisure businesses. It is designed for firms that depend on machinery or equipment.
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