Cover for our Members
AIM’s intention is to provide cover tailored specifically for the needs of adventure activity and outdoor education providers including those offering a range of activities including mountain biking, cycling, watersports, coasteering, climbing including climbing walls and environmental and bushcraft studies as part of their operation.
AIM is a “hybrid” mutual which means that the cover is in two parts. The first part of each risk is retained by the Mutual and claims that fall within this level are paid from Mutual funds.
The Mutual’s retention is provided on a discretionary basis with claims recoverable at the discretion of the Board of Directors elected by the membership.
Above the level of mutual retention, AIM has arranged an insurance policy for all members up to the total limit of cover required. The scope of cover is exactly the same as is provided by the AIM cover wording and members do not need to liaise with the excess insurer for any claim which falls above the Mutual retention, the Managers handle this process for you.
If you take out employers’ liability cover you will be provided with an Employers’ Liability Certificate which complies with your statutory regulations.
Some covers are not required as widely across the membership, such as personal accident and travel. AIM is still able to offer such covers but does so on a non-mutual basis. This means that no retention is taken by AIM and the policy is placed “ground up” with an insurer. AIM arranges this cover for members and does not charge a commission for doing so.