The members include the British Rubber and Polyurethane Products Association (BRPPA), the British Tyre Manufacturers’ Association (BTMA), the Tyre Industry Federation (TIF), the Tyre Recovery Association (TRA), and TyreSafe.

The company said that it will offer various benefits to members including a free technical audit to review existing insurance and financial arrangements, making recommendations for enhancement, and providing a guaranteed minimum 10% premium saving and a 14-day money-back guarantee.

Dale Collett, sales and marketing director of Johnston Park McAndrew, said: “Some members have found difficulty in the past, and particularly in the recent economic climate to secure suitable insurance cover at an affordable price.

“However, we have experience in this sector and access to specialist insurance providers to ensure members’ requirements are met and exceeded, thus enabling them to concentrate on running their businesses.”