Granite Underwriting has launched a new product for taxi fleets with more than 25 vehicles. The product covers both private and public hire vehicles and caters for non-standard and complex risks, including drivers with multiple motoring convictions and high-risk postcodes.

Alistair Rose, managing director at Granite Underwriting, said: “This launch underlines our ongoing commitment to the taxi fleet market. We’ve built our reputation on designing tailored solutions for complex risks, and our in-house claims team means we can support taxi fleet operators from policy inception through to claims settlement.

He added: “We combine years of sector experience with a deep understanding of what taxi drivers and fleet owners need – a combination that positions us well to serve larger 25+ vehicle fleets.”

Granite said long-term agreements were available for taxi fleets seeking price stability and reduced annual negotiation.