Tesco has announced the launch of specialist van and tradesman covers for SMEs, in a new partnership with AXA. The insurer is responsible for the "sales, adminstration and underwriting" of the new products and it is understood that this is through its Partner Solutions team based in Glasgow.
Tesco van insurance can also include motor breakdown and legal cover provided by AXA Assistance and Lawclub respectively. The tradesman policy is based primarily on a public liability cover, which can be extended to include employer's liability, tools and trailer contents.
The launch of SME covers by Tesco does not come as a surprise, although the choice of AXA over its car and houseold insurance joint venture partner, Ageas, is of some interest.