Product aimed at BMW and MINI drivers

Allianz Retail and BMW Financial Services have launched a tyre insurance product.

BMW and MINI tyre insurance helps cover the unexpected repair or replacement costs of tyres damaged by accident or malicious act, regardless of annual mileage.

Simon Davey, automotive partnership manager for Allianz Retail, said: "This product is a totally new development for Allianz Retail and has been created to meet the needs of BMW Financial Services and its customers."

A BMW Financial Services spokesperson said: "Allianz has already demonstrated a clear understanding of the BMW brand and shown that they can deliver on their promises.

"This is why we are pleased to continue working with Allianz to offer our customers the best possible insurance packages."