Our first Gumball 3000: An Insurance Broker’s View from the Cockpit. By Amit and Anjana

Our first Gumball 3000: An Insurance Broker’s View from the Cockpit. By Amit and Anjana

We have just completed our first rally as the official insurance partner for Gumball 3000. The journey began for PK Partnership almost a year ago when we were approached to find an insurance market that would insure such a big risk and provide the widest level of cover should something go wrong.

Registration began in Riga, Latvia where we met with the drivers of 140 cars that had signed up to this year’s Riga to Mykonos Gumball 3000 rally. We had quoted and put on cover many on the drivers before the start, including vehicles such as but inevitably there were going to be a few that required last minute specialist insurance cover, a strict stipulation for the rally by Gumball 3000. This resulted in a total of £30m risk premium made up of supercars, modified and imported cars, along with celebrity status drivers.

On the rally we were joined by big names such as Afrojack, Celo Green and many other famous faces, but our eyes were on ensuring we were there throughout the rally in case of any issues or unfortunate claims along the way.

PK Partnership Team 106 passed through Croatia, Latvia, Montenegro, Dubrovnik, Athens arriving at the end of the week in Mykonos. We were driving 12 hour days in our Mercedes-Benz AMG GT S amongst the other cars we arranged insurance for including modified and highly sought after models such as McLaren 675 LT Spyder, Porsche 918 Spyder, Lamborghini Aventador, Ferrari 488 GTB, Ferrari 599 GTO, Rolls-Royce Phantom Drophead and Twisted Land Rover.

It was a full jam-packed week and we are already planning the insurance risk aspect of next year’s rally, a 20th anniversary celebration of Gumball 3000.

If you have any insurance requirements that you don’t think will fit standard insurance please feel free to contact us as specialist and unusual risks are our specialism.

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