Towergate Chapman Stevens
Weekdays: 9.00am - 5:00pm
Towergate Underwriting Travel Solutions are one of the market leaders in insurance products for the travel industry.
The Package Travel Regulations came into effect in the UK on 1st January 1993 and the legislation imposes certain responsibilities on all operators of Inclusive Package Holidays.
One of the most onerous responsibilities is the need to provide security for passengers' holiday payments prior to and up to the completion of the Package Holiday in the event of financial failure of the Organiser.
Tying capital up in bank bonds can be prohibitive to travel company's growth but bonding by insurance can be an easier way of meeting regulatory requirements and offers flexibility including mid-term adjustments.
Towergate Underwriting Travel Solutions can quote for most types of bonds including:
Any occurrence which may give rise to a claim should be advised within 14 days to:
Phone: 0115 941 1022
IGI Insurance Company Limited
Market Square House
St James's Street