2.3 – Insurance Requirements
All franchisees will require their own insurance policy covered by Bounce Insure and underwritten by GM Imber & Sons Ltd. Please see further details of the insurance cover below:
Contracting Parties:
Subscribing Insurers: Syndicate 1414 at Lloyd’s
Syndicate 1414 at Lloyd’s is managed by Ascot Underwriting Limited which is authorised by the Prudential. Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. Registered in England and Wales (No.04098461). Registered Office: 20 Fenchurch Street, London, United Kingdom EC3M 3BY.
Binding Underwriter: GM Imber & Sons Limited
GM Imber & Sons Limited is authorised and regulated by the Financial Conduct Authority No: 448476. GM Imber & Sons Limited is registered in England No: 560297. Registered Office: 77A High Street, East Grinstead, West Sussex, RH19 3DD.
You will be instructed to take out your insurance policy as part of the Launch Phase of your franchise business. Failure to set up your insurance policy as instructed will result in the suspension of the running of your franchise. This cover must be held and failure to be covered by this policy is a breach of your franchise agreement.