Summit Insurance Services has created and distributes a number of insurance products of which the most significant is CompuCover; the UK’s leading all risks insurance for IT equipment. CompuCover insures educational establishments, small and large organisations in both the public and private sector and thousands of individuals.
The company also provides warranty schemes both as insurance and service agreements.
It continues to build its third party claims handling book using its claims and supply chain skills to Underwriters of IT and other programmes.
The company is regulated by the Financial Conduct Authority and takes compliance very seriously.
As well as CompuCover Summit Insurance Services also manages the insurance schemes for major computer manufacturers including Toshiba and Fujitsu, specialist schemes such as Family Fund and IT insurance for Disabled Students and the IT insurance on many salary sacrifice schemes
In the year ending 31 March 2017, gross premium written was £3.9 million.