Jubilee targets motor dealer market
Lloyd’s insurer Jubilee will underwrite new products for the RAC.
The first products to launch will be a combined tyre and alloy wheel protection and a minor accidental damage cover which are specifically targeted at Santander Consumer Finance’s dealer partners.
The scheme has been designed to provide dealers with insurance cover on a scale usually only available to larger dealerships, Jubilee said, and will be the first of a number of RAC branded products being developed.
Jubilee Syndicate 5820 at Lloyd’s affinity and special risks underwriter, Philip Pearce (pictured), said: “This scheme clearly demonstrates our capabilities to provide brands with robust and responsive insurance products that are proven to enhance customer relationships and revenue streams for business partners.
“As the first in a suite of products with the RAC we are looking forward to building on this initial scheme with other relevant products.”
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
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