Acting by its administrator, Mr Gary Steven Pettit of PBC Business Recovery & Insolvency Limited Date of administration: 18 August 2023
Verex Group, the market leader in dedicated connected car services, is delighted to announce it will be providing branded insurance solutions for the electric performance car brand, Polestar. The contract will include an exciting range of fully branded connected insurance services that will provide the innovative vehicle manufacturer’s customers with a tailored and comprehensive service.
Verex Group will be working alongside international insurance brokers, Marsh, who led the initiative on this new contract, and invited Verex to the tender due to their specific expertise as market leaders in the branded vehicle manufacturer insurance sector. Both parties are looking to expand this relationship allowing them to explore further opportunities.
Polestar Insurance will offer comprehensive cover and a hassle-free experience to the electric performance brand’s customers. The policies will offer specialist cover for electric vehicles and guarantees a Polestar approved repair service using only genuine parts. Supported by a mobile optimised and digital self-service experience, it will provide their drivers with additional support when they need it most.
Andrew Long, MD of Verex Assistance, said, “We are delighted to be working alongside Marsh to offer Polestar customers our portfolio of market leading connected insurance services using the latest cutting-edge technology. We are excited to be working with this innovative vehicle manufacturer and being able to facilitate a policy that covers every aspect of owning an electric vehicle. “
Anders Lindgren, LL.M, Senior Vice President Mobility of Marsh AB commented, “By partnering with Verex we believe we can offer a truly unique and market leading proposition and we are delighted to be working together to deliver an exciting range of insurance solutions for this innovative electric vehicle manufacturer.”
For Verex Group media enquiries:
Email: james.godfrey@verexgroup.com
Verex Group is the market leader in the Vehicle Manufacturer Insurance and Accident Management sector. Alongside our network of partners, we utilise the latest innovations in connected data and technology to continually transform our business to achieve our future goals.
Our new range of services will allow vehicle manufacturers to offer a personalised service to their customers. Services will include; Usage Based Insurance (UBI) and Pay As You Drive (PAYD), plus “E-FNOL” (First Notification Of Loss) capture can be fully deployed. These propositions will deliver a more customer service orientated experience, a streamlined approach to accident management and the claims process and create added value into the branded network whilst helping to automate and control claims for insurers and increase parts and repair referrals to vehicle manufacturers.
