Volvo Car UK has appointed Verex to operate its seven day and annual motor insurance scheme for its 102 dealerships.
The insurance policy will be underwritten by Allianz Insurance. It’s the first time Volvo Car UK has changed its driveaway insurance provider in 30 years.
Verex will provide sales, administration, First Notification of Loss (FNOL) services and dealer field support for Volvo Car UK.
All Volvo vehicles are guaranteed a repair at a Volvo approved bodyshop and fitted with original Volvo parts.
David Browning, Volvo Car Financial Services general manager at Volvo Car UK, said: “We wanted to work with a partner who is focused on providing vehicle manufacturer affinity insurance schemes.
“Verex’s specialisation in this area was the deciding factor, as it means the programme is tailored to our business, dealers and customers.”
Andrew Long, Verex managing director, said: “Providing bespoke programmes for manufacturers and understanding the exact requirements of their dealers and bodyshop networks has been crucial in securing a new relationship with Volvo Car UK.”