Bikmo - Cyclesure Acquisition - 1

Bikmo expands UK footprint with acquisition

Award-winning cycle insurer Bikmo has acquired renewal rights to individual customers of Liverpool-based CycleSure.

As a first step in expanding their UK footprint, this strategic acquisition demonstrates Bikmo’s steadfast commitment to protecting the world’s riders.

CycleSure by Butterworth Spengler 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, allowing them to continue to ride protected.

CycleSure customers can enjoy similar market-leading coverage from Bikmo upon renewal, from theft, accidental damage and 365 worldwide cover to clothing, helmet, event cover, and market-leading 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.”

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