Churchill Expert

Churchill is one of the UK's leading insurers of petrol, diesel, hybrid and electric vehicles. As well as arranging personal motor insurance, the Churchill Expert brand offers fleet insurance for electric vehicles, supporting businesses with their electrification and specialises in arranging bespoke flexible mobility insurance solutions for businesses providing,  vehicle subscription, flexible lease, salary sacrifice and short-term hire propositions.

For Fleet Managers, we know that the transition to Net-Zero is at the forefront of their decision-making process. Moving from traditional fossil fuel-powered fleets to electric vehicle (EV) fleets is now a top priority for those wishing to run a greener and more sustainable business.  Recent research from Churchill Expert shows that on average, fleet managers are looking to electrify over half of their fleet by 2024, with 78 per cent intending to convert the entire fleet by 2030.

Lower running costs along with the governments offer of incentives and subsidies including tax credits, grants, and discounted charging rates are all contributing to an increased appetite for the adoption of EV Fleets.

However, supply chain issues continue to plague the industry as possible delays in the production and delivery of EVs could lead to longer wait times, making it a bit more challenging to time the transition effectively. Restrictions in the market have meant that a quarter of fleet managers are now willing to be more flexible with their fleets’ trim, colour and technological specification in order to receive their EVs sooner. The market is proving resilient, as managers find ways to navigate the current obstacles.

Turning to drivers, as EV technology continues to advance and charging infrastructure continues to improve, we are seeing more fleet drivers open to the idea of transitioning to EVs. As many as 70 per cent of fleet drivers now say they would prefer the electric ‘alternative’ to the petrol or diesel version of their favoured van. In addition to this, according to the Society of Motor Manufacturers and Traders (SMMT), the number of new Battery Electric Vehicle (BEV) van registrations is showing strong growth. This comes as supply chain issues start to wane and the choice of electric vans on the market grows.

We believe that the transition to an EV fleet is a proactive step toward a sustainable and eco-friendly future. Despite some challenges, the long-term benefits of reduced emissions, cost savings, and energy efficiency make it a worthwhile investment. By taking some well-planned steps and embracing the opportunities provided by governments and manufacturers, fleet managers can play a vital role in driving positive change towards a cleaner and greener future.

Churchill Expert have a team of dedicated underwriters who are committed to helping support businesses in their EV journey, providing tailored insurance products and pricing covering vehicle theft, accidental damage, battery, theft of charge cables and EV charger wall boxes.

A part of Direct Line Insurance Group, Churchill Expert are a dedicated commercial insurance partnerships team with a deep understanding of the mobility and flexible fleet markets. We partner with subscription and flexible fleet businesses and can arrange a variety of insurance solutions across the growing mobility landscape for ICEs and electric vehicles.

These include:

• Fleets – businesses that have fleets of Internal Combustion Engines (ICE) or Electric Vehicles (EVs)
• Short-term hire – businesses offering short-term vehicles for trial or hire from 0 to 30 days
• Subscriptions – businesses offering subscription services ranging from 1 to 36 months
• Salary sacrifice - businesses offering their employees an electric vehicle through salary sacrifice
• Churchill Expert are part of Direct Line Insurance Group, who are leading the way on electric vehicles and are doing a lot of work to ensure that we continue to be at the forefront of the electric vehicle insurance market.