Product underwritten by specialty insurer ANV
Direct Group has signed a deal to provide accidental death cover to motor broker Autonet’s customers.
The product is underwritten by specialty insurer ANV, and Direct Group will provide the policy administration, premium collection and claims handling for the business.
The cover will be offered free of charge to Autonet’s motor insurance customers for the first three months. Customers will then get the option to continue the cover up to the age of 81 for £3 a month.
Direct Group distribution services director Stuart Pendleton said: “It is another example of the wide range of distribution services Direct Group is able to offer our clients.”
Autonet Insurance managing director Ian Donaldson added: “Competing solely on price is little more than a race to the bottom, so we need to think differently in order to grow.
“Our intention is to offer our customers add-on products that are genuinely useful and build their loyalty to our brand. We look forward to working alongside Direct Group on this proposition.”