Specialist cycle insurer Bikmo has acquired renewal rights to individual customers of Liverpool-based CycleSure. As a first step in expanding its UK footprint, Bikmo adds that… ‘this strategic acquisition demonstrates Bikmo’s steadfast commitment to protecting the world’s riders.’
CycleSure by Butterworth Spengler has built a strong reputation over 25 years as one of the first specialist cycle insurance providers, having partnered with organisations such as the Cyclist’s Touring Club and the London Cycling Campaign. The transfer of renewal rights to Bikmo ensures a smooth transition for existing customers.
CycleSure customers can enjoy similar coverage from Bikmo upon renewal, from theft, accidental damage and 365 worldwide cover to clothing, helmet, event cover, and multi-bike and e-bike discounts.
Bikmo’s CEO, David George, said “I’m excited to build on the commitment and service CycleSure has provided to their customers over the years. We’ve put in the steps to make the renewal process from CycleSure to Bikmo seamless, and the whole team is delighted to welcome their customers.
“This is just the first of our acquisitions as we look to expand our protection to more riders in the United Kingdom and Europe.”
Bikmo is a specialist cycle and e-mobility insurer, which protects over 75,000 riders in the UK and Europe. It also counts organisations such as British Cycling, Cyclescheme and Brompton as key partners.
