Sparta to distribute ARMD Tools In Transit product
UK MGA ARMD is working with Sparta Group to launch a new insurance product.
This product, called ‘ARMD Tools In Transit’, offers 24/7 protection for tools stored in vans, covering up to £10,000, unlike other insurance products that typically require tools to be removed from vans overnight.
Coverage includes both preventive measures and quick compensation.
The ARMD Tools In Transit product comes with an app-based tool inventory system for tradespeople to log tools and receipts, streamlining the claim process. This feature enables five-day claim settlements.
Additionally, the app offers the option to purchase a smart alarm and vehicle tracker – ARMD Guard. This device sends immediate alerts if the van or tools are tampered with, aiding in claim validation.
“We have been very impressed with the innovative approach ARMD has to understanding the needs of commercial customers and providing solutions. We are delighted to offer their tools insurance product as an option to our broker partners, knowing it can help them make a difference to their tradespeople customers.” – Andrew Doidge at Sparta Insurance Services.