Racing teams, racetracks and circuits, event promoters, manufacturers and suppliers, governing bodies and federations, and owners of competition and test vehicles.
Insurance solutions to drive the motorsport industry forward.
Motorsport risk does not sit comfortably in a standard commercial policy. Cars are damaged in competition through no fault of the operator, events are cancelled by weather and incidents, and the liabilities attaching to a circuit or promoter can be distinct from those faced by many other businesses.
Our expert team underwrites specialist Motorsport insurance for your client’s racing teams, tracks, event promoters and manufacturers.
Our appetite
Our solutions are designed to support a range of motorsport businesses, including:
Motorsport teams
Racetracks and circuits
Event promoters
Covering event liabilities, property and associated exposures.
Governing bodies and federations
Ancillary motorsport risks
Coverage for vehicles in competition or testing, and ancillary motorsport related exposures.
Manufacturers
Cover types
Property and Equipment cover
Protecting assets, including team facilities, race cars, tools and machinery
Liability protection
Public Liability, Product Liability and Employers’ Liability, structured for motorsport businesses
On-track risk cover
Accidental Damage cover for vehicles during competition or testing
Event and Participant cover
Protection against liabilities and participant-related risks
Why MX?
Motorsport expertise.
Specialist underwriters with a deep understanding of motorsport risks, giving brokers a considered and informed response on appetite.
Motorsport-specific cover.
Policies are built around the unique exposures of motorsport businesses. Motorsport-specific policy wordings, schedules and endorsements can provide cover for risks that may be excluded under conventional commercial policies, including cover for risks that may be excluded under conventional insurance arrangements.
Direct access.
Providing brokers with direct access to the underwriter handling the risk
Responsible underwriting.
A disciplined underwriting approach, with capacity provided by our insurer partners.
FAQS
Accidental Damage cover for vehicles during competition or testing is available, subject to underwriting and to policy terms, conditions, limits and exclusions.
Event and Participant cover includes protection against event liabilities and participant-related risks, subject to underwriting and to policy terms, conditions, limits and exclusions.
Public Liability, Product Liability and Employers’ Liability, structured for motorsport businesses and subject to underwriting.
Property, Liability and Operational risks for racetracks and circuits can be considered, subject to underwriting.