Have been offered Alloy Wheel & Tyre Insurance from my Dealer for my new Sport.

Any views on whether this type of Insurance is worth the money?

Can anyone suggest any alternative offerings. I recall that Kam at MHC Finance used to offer a product but I understand it is no longer available through them.

I think it all depends how much their offering it for and your attitude to 'risk'.
I didn't take it personally, but I know others have.......the choice is yours as they say  ON THE WAY: BMW F21 M140i
MERCEDES GL350 - Metallic Navy Blue w/Grey interior

GOING: BMW F31 335D MSport+ xDrive Touring
GONE: Land Rover Discovery 4 HSE - Stornaway Grey w/Black Interior (wish we'd kept it )
GONE: BMW F10 520D MSport - Carbon Black
GONE:MY12 RRS SDV6 HSE Sumatra/Ivory/Grand Black Privacy glass