Broker extends partnership with Ageas
Towergate-owned classic car broker Footman James has teamed up with Ageas to launch a new classic vehicle product.
The new product can be tailored to suit the differing needs of classic vehicle owners. The broker provides insurance to classic car and motorcycle clubs and the flexibility of the new product will make the cover eligible to more club members.
Policies will start from £64 a year.
Footman James managing director Andy Fairchild said: “Research has told us that classic vehicle owners have very different needs and want the flexibility of cover to fully enjoy their passion. We have therefore teamed up with Ageas to develop a suite of new products.”
Ageas retail and distribution chief executive Mark Cliff added: “This long-term deal with Footman James to provide capacity across a range of niche classic car covers, underpins our understanding of the classic car insurance market.
“The time we have spent talking to enthusiasts, clubs and owners to understand the needs of classic owners and what it means on both a practical and emotional level has paid off. Above all, it’s given us an ongoing appreciation of the nuances of this market and how best it is served.”