BOLTON-BASED Stanmore Insurance Brokers are celebrating after breaking the £2million mark in premiums for their specialist nursery insurance scheme dot2dot.
The firm launched the enterprise back in 2003 to provide comprehensive cover and bespoke packages to the childcare sector.
Since then dot2dot has grown into one of the UK’s leading insurers for the sector covering 70,000 children in more than 1,700 nurseries throughout the UK and protecting in excess of £1.7bn in assets.
Jenny Hyde, dot2dot Scheme Manager, said: “£2million in Gross Written Premiums has been a key goal for dot2dot in 2016. To hit the target so soon is a brilliant testament to the skill and dedication of the team.
“After 13 years operating in such a challenging and fascinating sector, there isn’t much we haven’t seen and can’t advise on.”
dot2dot has grown from £100,000 in Gross Written Premium in year one to over £2m this scheme year.
And now parent company Stanmore Insurance Brokers, located on High Street, Little Lever, Bolton, plan to increase not only the specialist nursery scheme but also the commercial broking aspect of the business over the next five years.
Director Jackie Hyde, said: “I am incredibly proud of the dot2dot team. Their efforts have helped to position dot2dot as a trusted and leading insurer for the sector, and built a strong base for the next level of growth.”
The dot2dot scheme is underwritten by Aviva. Jonathan Smith, Aviva’s Head of Commercial SME Solutions & Schemes, said: “Our partnership and close working relationship has enabled us to
witness first-hand the team’s knowledge, expertise and passion for the sector and it’s this passion that we believe has been the cornerstone to their undeniable success in growing their business.”