Folgate’s new Hotels & Guest Houses product coming soon
Folgate Insurance Company is excited to announce that it will be bringing its new Hotels & Guest Houses product to market in 2024.
This product is expected to launch in the coming weeks and is specifically aimed at businesses with a minimum of 7 bedrooms available to paying guests.
Folgate is always looking for ways to make life easier for brokers and has created a comprehensive package policy that has been designed with the target market in mind and that meets the needs of Hotel and Guest House businesses.
Keep an eye out for future updates on this launch
Ian Russell, CEO, said “I’m really excited to enter back into the Hotels market, and our £30m line size for property will allow us to look at a much wider scope of hotels too. The new statement of fact is a great journey for brokers and clients, and it won’t take more than a few minutes to complete”.
Authored by Folgate Insurance Company
About Folgate
Since our establishment in 1993, we have always built our business on relationships and service via our UK broker partners, each of whom have direct access to a selected Business Account Manager.
Our commercial lines products include property owners, shops, offices, hotels, commercial combined, contractors, tradesman, cleaners, excess of loss and professional indemnity, all traded via our own extranet system as well as a select presence on Acturis.
Brokers have the ability to quote and buy on our on-line trading platform, but also have direct access to our experienced underwriters for anything they need to discuss, or to send submissions over.
Our limits per risk are as follows:
- Property £25,000,000
- Employers Liability £35,000,000
- Public & Products Liability £35,000,000
- Professional Indemnity £10,000,000
We strive to constantly evolve our products and offerings, with some exciting new launches coming soon, including more via Acturis.