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25 Nov 2021

The world of social media moves at such a pace, that it can be hard to keep up. So Maybe* have done the hard work for you, and have pulled together some recent social commerce news, tips and...

25 Nov 2021

An antidote to the fast-purchase culture of Black Friday, Just a Card – Indie Week is your chance to shine, your opportunity to celebrate and share your work, stories and communities,...

24 Nov 2021

During the Maybe* monthly masterclass you'll discover each month which bike shops have had the most social media engagement and why - catch up on last week's now.
The masterclass...

24 Nov 2021

The All Party Parliamentary Group for Cycling & Walking (APPGCW) have an upcoming meeting taking place virtually on Monday the 29th November at 16:30 with three fantastic...

23 Nov 2021

Improperly regulatedBuy Now Pay Later services aren't just growing in popularity among consumers, they're also proving to be a hit with criminals.

22 Nov 2021

All retailers are encouraged to download the print and social media ShopKind campaign materials and use them in stores.

22 Nov 2021

The deadline for completing all repairs as part of the Fix Your Bike scheme has now passed but it's not too late to ask for an extension.

18 Nov 2021

An antidote to the fast-purchase culture of Black Friday, Just a Card – Indie Week is your chance to shine, your opportunity to celebrate and share your work, stories and communities,...

18 Nov 2021

Technologyhas important effects on business operations. The ACT has partnered withDell to assist businesses in attaining quality up-to-date IT equipment and access specialist advice to...

15 Nov 2021

The ScottishGovernment has signed an international pledge as part of the COP26 conference, committing to accelerate the transition to 100% zero emission vehicles.

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Beware of insurers claiming to be ACT partners

Posted on in Cycles News

It has recently been brought to the attention of the ACT that an unnamed insurance broker has been misrepresenting the ACT in an effort to persuade cycle retailers to take out an insurance policy with them.

ACT members need to be aware of these false claims being made.

The ACT, via business support partner ActSmart, have a long standing relationship with insurance specialists Butterworth Spengler to provide the ideal insurance solution to cycle retailers.

ACT & Butterworth Spengler 

Specialist Brokers Butterworth Spengler have recently reviewed their scheme arrangement and are now partnering with RSA Insurance Group. This scheme is the only insurance arrangement the ACT refer to as their preferred partner.

Having suitable insurance cover in place ensures your business is protected when it matters most.

Butterworth Spengler have a distinctive blend of experience, knowledge and high levels of customer service which means they can be trusted to deliver bespoke insurance cover for your cycle business needs whilst maintaining competitive prices.

Butterworth Spengler have been offering expert advice in the cycles market for over 25 years, some of the key features of using Butterworth Spengler are listed below.

  • Discounts for ACT members
  • Further discounts for Cytech Accredited shops
  • Free seasonal stock increase of up to 50% for your busiest three months of the year
  • Cover for claims against your design services or advice
  • Liability cover in respect of loan/hire/demonstration
  • Cover for equipment on loan/hire/demonstration
  • Cover for equipment displayed outside premises
  • Cover for the service/repair of customers' equipment
  • Cover for shoplifting
  • Interest-free monthly instalments
  • Policies tailored to your individual needs
  • First class claims service

Comprehensive PI cover is offered in recognition of the increasing number of consultancy services offered by ACT members. This cover ensures that should your customer allege that they have suffered financially as a result of the negligent advice, design and fitting specification or service you have provided to them, you are indemnified not only for the damages and costs that may ultimately be awarded but for the associated costs incurred in providing your defence.

Visit the ActSmart business insurance page here or for more information contact the ACT in 01273 427 700.


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