Posted on Mar 04, 2024
In a significant development for sports risk management in Wales, Watkin Davies Insurance Consultants, part of Howden, has clinched a long-term partnership with Welsh Gymnastics to provide a robust insurance programme for the National Governing Body and its associated members. This comprehensive arrangement comes after months of strategic discussions and planning with Welsh Gymnastics CEO, Victoria Ward and team members, setting a new benchmark for the sport's safety and risk mitigation.
Welsh Gymnastics, alongside Watkin Davies, has affirmed that the new insurance programme will envelop all facets of gymnastic activities. The coverage extends to competitions, events, demonstrations, training, and school activities, addressing the needs of clubs, coaches, participants, members, and officials alike. This initiative underpins a holistic approach to safeguarding the sport on every front. The coverage is worldwide, offering peace of mind to all stakeholders within the gymnastics community, with bespoke Group Personal Accident coverage and a unique Legal Expenses arrangement which includes 24/7 Advice and Stress Counselling
The collaboration is not just a win for Welsh Gymnastics but also reflects the deep-rooted commitment of Watkin Davies to the sports, leisure, and entertainment sectors in Wales. As partners to the Welsh Sports Association (WSA) and Corporate Partners to Commonwealth Games Wales, Watkin Davies boasts a prestigious portfolio with numerous Welsh National Governing Bodies, demonstrating their expertise as a recognised specialist within the industry.
This alliance is a testament to the hard work and dedication of both parties. The intricacies of the deal, structured with significant input from insurer partners including Sportscover Europe Limited and the with involvement from Lloyd’s of London, underscore the importance of such partnerships. These insurer partners are not just industry leaders but also specialists in the sports and leisure sector, bringing to the table a wealth of expertise and trust.
The team will continue to develop and support the WSA and their growing membership base, by assisting members with their insurance enquires and providing cost assessments and reviews on existing insurance programmes.
The deal stands as a beacon of what can be achieved when businesses in Wales unite with a common goal: to elevate and protect the interests of Welsh sports. The thoroughness of the negotiations reflects the attention to detail and the bespoke nature of the coverage provided.
As we celebrate this landmark agreement, the message is clear: Welsh Gymnastics and its members can confidently leap towards higher goals, backed by the security and expertise of Watkin Davies and its partners.
Daniel Abbot, Sales & Development Director at Watkin Davies Insurance Consultants said:
> Securing Welsh Gymnastics as a Client reinforces our commitment to sports within Wales. It emphasises our promise to offer first-class insurance advice, risk management and support, ensuring a resilient foundation for gymnastics to prosper in Wales.CEO of Welsh Gymnastics, Victoria Ward added:
> We are delighted to be working with Watkin Davies. The team at Watkin Davies go over and about the call of duty to understand every detail of our business operation. This approach provides us with the confidence that we can provide our members with a value for money, comprehensive service. In an industry where automation is king, its thoroughly refreshing to be able to deal, directly, with locally based experts in sports insurance.
It's a proud moment for Welsh Gymnastics and Watkin Davies Insurance Consultants, as they set a new standard for sports insurance solutions.
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