ERS Well Dunn (Scheme 7260) Business Car — underwriting criteria

Well Dunn Business Car (Scheme 7260) — introduction & risk appetite

Marked restricted as a default judgment call, not a confirmed classification: this is a Delegated Authority Underwriting Guide containing commission rates and coverholder-specific terms, more sensitive than a public-facing appetite guide. Confirm the right visibility tier with the domain owner.

Delegated Authority Underwriting Guide for Well Dunn Insurance Broker, underwritten by ERS. Applies only to Business Car — Scheme 7260. Not authorised to accept business through introducers or sub-agents (wholesale business).

Where a risk falls outside the criteria in this guide, decline. Changes to the guide or appetite extensions must go through ERS Underwriting.

Portfolio profitability requirements (aggregate level): net average premium per vehicle minimum £850 excluding IPT; accident year loss ratio not to exceed 58% (excluding losses over £100k); overall claims frequency not to exceed 14%.

Where a vehicle is kept overnight at a different location to the business address (e.g. main user's home address), the premium must be based on the highest rating area.

There is no functioning facility to submit Business Car policies via OGI, so risks cannot be bound under this scheme on EDI.

Well Dunn Business Car (Scheme 7260) — driver age, licence & count

Marked restricted as a default judgment call — see the introduction entry for this guide.

Driver age: under 21 — decline. 21–23 — acceptable, subject to a minimum 2 years' NCB and vehicles up to ERS Car Group 1–40. 24–75 — acceptable. Over 75 — decline.

Licence and experience: all drivers must have a minimum of 24 months' UK driving experience and have held a full UK/EU licence for at least 24 months — acceptable. Drivers who have held a full UK/EU licence for under 24 months are declined regardless of age.

Driver count: policyholder (or company) plus up to 4 named drivers — acceptable. Policyholder (or company) plus 5 or more named drivers — decline.

Well Dunn Business Car (Scheme 7260) — conviction code list (Appendix 1)

Marked restricted as a default judgment call — see the introduction entry for this guide.

Minor category (counts toward the "up to 2 minor convictions, max 6 points" acceptable threshold): CU* (except CD40–CD90, CU50, CU80, which are Refer), PC, MW, CD*, PL, SP, TS.

Refer category (refer to ERS): AC, BA, CD40–CD90, CU50, CU80, DD, DG, DR, IN, LC, MS, UT, XX, ZZ, TT* — for TT*, gather the dates and endorsement codes from the client that led to the issue of the TT99.

Any endorsement not listed here must be referred to ERS.

Well Dunn Business Car (Scheme 7260) — claims, convictions & driving restrictions

Marked restricted as a default judgment call — see the introduction entry for this guide.

Claims history (proposer and all nominated drivers): no claims in the last 3 years — acceptable. No more than 2 non-fault claims per risk in the last 3 years — acceptable. No more than 1 fault claim per risk in the last 12 months and no more than 2 in the last 3 years — acceptable. Any other combination — decline.

Motoring convictions (last 5 years): up to 2 minor motoring convictions with a maximum of 6 penalty points per driver in the last 3 years — acceptable (see the conviction code list entry for minor vs. refer categories). Anything outside that — refer to ERS. Any driver banned from driving in the last 5 years — decline.

Claims & convictions combined (last 3 years): up to 3 combined — acceptable. 4 or more combined — decline.

Non-motoring convictions: refer to ERS with full details for any 'unspent' non-motoring criminal conviction. Decline any sexual or fraud-related convictions with custodial sentences. The Rehabilitation of Offenders Act 1974 and Exceptions Order 1975 must always be adhered to.

Driving restrictions: insured only — acceptable. Insured plus spouse/common law/civil partner — acceptable. Insured plus 1–4 named drivers — acceptable. Insured plus 5 named drivers — decline. Any driver over 30 years of age — acceptable. Any driver over 25 years of age — acceptable. Any authorised driver — decline.

Medical conditions & disabilities: ERS will quote where a disability or medical condition has been notified to the DVLA (where legally required) and the DVLA has granted a licence to drive the insured vehicle.

Previous insurer voidance/cancellation: previous insurance voidance or cancellation — decline. Previous cancellation due to instalment default or non-receipt of documents, if over two years old — acceptable.

Well Dunn Business Car (Scheme 7260) — occupation declines

Marked restricted as a default judgment call — see the introduction entry for this guide.

The following occupations, declared by the proposer or any named driver, must be declined: amusement/slot machine caterers and operators; anyone connected with the entertainment profession (theatrical, film, radio, or television — e.g. actors, producers, artists); antique dealers; anyone connected with the motor trade; armed forces; anyone connected with a night club or casino; commission agents; dockers; fairground employees; fashion models; foreign service personnel/diplomats; anyone connected with a fast-food establishment; general scrap, waste, or metal dealers; gas or oil rig crew; general dealers or street traders; ice cream salespersons; itinerant merchants; journalists (including editors & sub-editors); market traders; merchant navy; roofers & scaffolders; professional sportspersons (including managers & trainers); unemployed.

Well Dunn Business Car (Scheme 7260) — vehicle age, grouping & type

Marked restricted as a default judgment call — see the introduction entry for this guide.

Age of vehicle: 0–8 years — acceptable. 9–11 years — acceptable, subject to minimum 12 months' ownership. 12 years and older — decline.

Vehicle grouping: ERS Car Group 1–79 — acceptable. ERS Car Group 80–90 — acceptable subject to 12 months' experience on the vehicle, otherwise refer to ERS. ERS Car Group 91 and above — refer to ERS.

Vehicle type: premium SUVs — acceptable, subject to the criteria below, otherwise decline. High performance/sports & exotic vehicles — decline. Autonomous vehicles (e.g. Ford Mustang Mach-E) — decline. Grey imports — decline. Mitsubishi Evo's & Subaru Impreza's — decline. Vans — decline. Jaecoo models — decline. All Land Rover/Range Rover models (including Defender, Discovery, Discovery Sport, Evoque, Velar, Range Rover, Sport) — decline. All Lexus RX models — decline. Electric vehicles, Axiam, Microcars — acceptable, subject to value £4,000–£50,000.

Premium SUV models acceptable (subject to minimum security requirements): Audi Q-Series & E-Tron; BMW X-Series & iX; Jaguar E-Pace, F-Pace & I-Pace; Mercedes-Benz G-Class & EQ.

Premium SUV minimum compulsory excess: all non-premium SUVs & all non-EVs — under £30,000: £350; £30,001–£65,000: £500; £65,001+: £750. All premium SUVs (as listed above) — under £65,000: £500; £65,001–£80,000: £750; £80,001+: £1,000.

Well Dunn Business Car (Scheme 7260) — rating area, ownership, security, use & value

Marked restricted as a default judgment call — see the introduction entry for this guide.

Rating area: all UK areas are acceptable, excluding Northern Ireland. Full details of where the vehicle is parked overnight must be obtained and the kept-at address validated, especially where the overnight location is the business address.

Vehicle modifications: any change to standard vehicle specification, excluding manufacturer's optional extras, must be referred to ERS. Any terms applied by the insurer being matched must be mirrored on ERS's policy.

Vehicle ownership: proposer — acceptable. Spouse/partner — acceptable. Leased to policyholder or leased to company — acceptable, subject to a 12-month minimum lease. Company — acceptable. Other — refer to ERS.

Vehicle security: any theft prevention/detection device recognised for price-match purposes must be Thatcham approved and fitted by a professional installer (fitting certificate kept on file). Minimum security by transaction type and vehicle value — New Business to Well Dunn: £0–£49,999 N/A; £50,000–£64,999 manufacturer's immobiliser + Cat S5/7 tracker; £65,000–£74,999 manufacturer's immobiliser + Cat S5 tracker; £75,000+ manufacturer's immobiliser + Cat S5 tracker. Existing Business to Well Dunn: £0–£49,999 N/A; £50,000–£64,999 manufacturer's immobiliser only; £65,000–£74,999 manufacturer's immobiliser + Cat S5/7 tracker; £75,000+ manufacturer's immobiliser + Cat S5/7 tracker.

Vehicle use: SDP (social, domestic & pleasure only) — acceptable. SDP&C (as above + commuting) — acceptable. Class 1 (as above + class one business use) — acceptable. Class 2 (as above + class two business use) — acceptable. Any other use — refer to ERS.

Vehicle value (including accessories/parts attached): under £4,000 — decline. £4,000–£65,000 — acceptable. £65,001+ — refer to ERS, unless a premium SUV model, where the acceptable value limit is £80,000 before referral.

Well Dunn Business Car (Scheme 7260) — policy cover, NCB & minimum excess

Marked restricted as a default judgment call — see the introduction entry for this guide.

Cover: comprehensive — acceptable. Any other cover — decline.

No Claims Bonus (NCB): only allowed with previous-insurer evidence of the number of years' entitlement, relating to the vehicle to be insured.

Introductory NCB: where the proposer has a proven track record but has not been able to earn an NCB (e.g. on a company car or 2nd vehicle), an introductory discount equivalent to the claim-free years is allowed, subject to written proof of claim-free driving earned on a vehicle of similar engine size, age, and type.

Protected No Claims Bonus (PNCB): available where the policyholder has earned maximum NCB through 4 proven claim-free years (not as an introductory NCB). Requires: written confirmation of claim-free history from the previous insurer; all drivers aged 25 or above; comprehensive cover only.

Minimum excess: a minimum of £350 excess must be applied to all policies (also applies to any additional excesses), matched to the alternative rate used subject to this minimum.