- Appetite
- Specialist commercial referral route worth testing for recycling liabilities and possible property cover.
- Check
- Check tyre recycling acceptance, processing restrictions, stockpile limits and whether property is available.
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Reading the risk
For: Tyre recycler
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What underwriters will focus on
Tyre recycling presents severe stockpile fire, pollution and machinery injury exposures. Underwriters will focus on processing methods, maximum tyre accumulations, pile separation, firewater containment and the fire prevention plan; property/BI may need separate placement.
Where to start
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We found 95 UK markets that write tyre recycler risks: 18 insurers, 77 MGAs and 0 Lloyd's markets. Commonly listed: Camberford Underwriting, Sutton Specialist Risks.
Tyre stockpiles burn intensely and are very hard to extinguish, so storage volumes, stack separation and site security dominate. Environment Agency permits, pollution cover and any previous fires will be scrutinised.
waste tyre processor, tyre shredder, end of life tyre collector, crumb rubber producer
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