Motor finance provider partners with insurance technology firm on embedded proposition

Stellantis Financial Services UK has partnered with insurance technology firm Wrisk to deliver embedded motor propositions.

The multiyear deal will see Wrisk provide direct-to-consumer insurance services across 12 Stellantis brands, including Abarth, Alfa Romeo, Citroën, DS Automobiles, Fiat, Fiat Pro, Jeep, Leapmotor, Maserati, Peugeot, SPOTiCAR and Vauxhall.

Wrisk will manage the offering using its digital subscription-based platform, which also provides drivers with access to monthly rolling cover that can be changed without penalty or transaction fees.

The service is open to new and existing Stellantis customers. Existing customers will be migrated across to the new arrangements, where they will immediately have access to customer service support, branded in-app information and guidance about their policy.

’Ambitious vision’

Kevin Douglas, marketing director at Stellantis Financial Services, said: “Flexibility, choice and a simple purchase journey is a customer expectation for any product in a digital world and car insurance is no exception.

“Keeping up with those demands is important to us as a business and Wrisk’s renowned customer-centric proposition, married with brilliant technology and a deep understanding of the insurance sector, make them a perfect partner to add value to our customers.”

Robert Cottrell, vice president of commercial at Wrisk, added: “The team at Stellantis has an ambitious vision for the future and the role in which insurance can play a role in delivering value for customers.

“We have the same vision and ambition and are delighted to be on this path together, where we hope to showcase what a best-in-class embedded insurance partnership can look like.”