Multichannel insurance distribution channel Atec Group has added four new insurers to its InsureMy range of Motorhome products. The A-rated capacity is provided by Axa, Sabre, Allianz, and KGM. Policies are written on a UK-only or EU basis and provide cover for theft, accidental damage, third party liability and legal assistance. Optional features include breakdown cover and protected no claims.

Atec said it was targeting 10,000 policies in the next year and cited figures from the Caravan and Motorhome Club which suggested leisure vehicle ownership could grow by more than 40% by 2030. It said market growth was underpinned by staycations, the remote working revolution, and the potential to generate lease revenue.

James O’Hara, commercial director at Atec, said: “InsureMy Motorhome gives owners the cover they need at a price that makes sense. From classic vehicles to new luxury homes on wheels, with this new broad and secure panel we are bringing much need choice to the market for the wide range of motorhome owners – social, leisure and everyday users, as well as business-related requirements.

“Motorhome is an evolving market, and we will be at the forefront of insurance provision thanks to our data-driven understanding of the needs of owners, and extensive digital distribution capabilities.”