Motor Trade Road Risks (MTRR)
ARB have extensive experience with MTRR policies.
Our product offers exceptional cover for your client, with a wide acceptance criteria and a host of great benefits included such as own vehicle cover up to €85,000, customer vehicles cover up to €100,000, Step Back Bonus Protection, windscreen breakage as standard (on comprehensive policies), trailer/towing cover (3rd Party Liability) and foreign use in most European countries covered to name a few.
Full time and Part time MTRR cover available.
Our Motor Trade Road Risk product is distributed exclusively through our broker portal Bindify.
Our Commercial Motor products offer a wide range of great benefits including ARAG Roadside Assitance, temporary replacement vehicle,Step Back Bonus Protection, windscreen breakage as standard (on comprehensive policies) and foreign use in most European countries covered.
ARB were previously thought of as a non-standard "niche" insurer, in recent years our position within the Insurance market has broadened with the introduction of standard private motor products. The introduction of these products has enabled us to compete with all other "standard" insurers in the market.
Our Private Motor products offer a wide range of great benefits including; ARAG Roadside Assistance, temporary replacement vehicle, Step Back Bonus Protection, windscreen breakage (on comprehensive policies) and foreign use.
Our Private Motor products are;
ARB Second Car
ARB Non Standard Private Motor
ARB are an Underwriting Agency and not a direct insurer, this means that we can only deal with brokers. If you wish to receive a quote for any of our products, please contact your broker.
Who Underwrites these products?
The underwriter of the above listed products are Wakam (formerly La Parisienne Assurances).
Wakam (formerly La Parisienne Assurances) is a French based insurance company established in 1829. As you are probably aware, Wakan have been active in the Irish market for some time.
We are all acutely aware of how important the financial security of the Insurers we do business with is. In this regard, as at 31/12/2019 Wakam’s Solvency Capital Requirement (SCR) coverage ratio amounted to 150% and their Minimum Capital Requirement (MCR) coverage ratio stood at 419%. Also, Wakam is 40% owned by insurance giant Swiss Re.
A significant proportion of the business we place with Wakan is quota shared with Qatar Re who likewise have excellent security, rated A by S&P Global and A (Excellent) by A.M. Best. Qatar Re is backed by a parental guarantee from QIC which is rated A/Stable by S&P Global and A (Excellent) by A.M. Best.