HBOS insurance subsidiary St Andrew’s has formed a partnership with BMW Group Financial Services, Great Britain to provide creditor payment protection and return to invoice price GAP policies.
The deal covers the full range of BMW and Mini cars, as well as BMW motorcycles.
The creditor products, which will be branded ‘BMW Protect’ and ‘Mini Protect’, will be sold throughout BMW’s UK network of dealerships.
The products will have five levels of cover and will be available from May 2004.
ST Andrew’s Group creditor managing director John Blundell, said: “Winning this account not only demonstrates our commitment to the motor market but also reiterates that we are looking for relationships with quality, forward thinking companies.
“This win comes on top of recently renewing two of our major motor contracts and the launch of GAP insurance with another national dealer last year.
