Volvo Car UK extends Verex annual insurance contract

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Volvo Car UK has awarded Verex a new long-term contract for the provision of driving services and annual insurance by Volvo Car Insurance (VCI) dealers.

The extended contract builds on a successful partnership that has enabled Verex to manage the program since 2016.

Verex offers all new and used Volvo Car UK car customers free coverage for five days and an annual insurance quote.

Customers also receive a free annual Deductible Return Voucher that reimburses up to £ 250 of a customer’s insurance deductible, regardless of insurer, when they choose a Volvo approved repair.

The VCI policy is underwritten by a panel of insurers specially selected by Verex and offers customers the guarantee of a repair at an authorized Volvo body shop, using genuine Volvo parts.

Selwyn Cooper, Head of Financial Services, Volvo Car UK, said: “We have a very strong partnership with Verex and look forward to its continuation.

“Their commitment to Affinity Assurance with OEMs means they are the ideal supplier to Volvo Car UK, our dealers, authorized repairers and customers.

“This has been very important in ensuring that the insurance plan meets our goals of creating additional profit opportunities, sales of spare parts and increasing customer loyalty. “

Verex Group Managing Director Andrew Long (pictured) said: “We are delighted to have secured this contract extension and look forward to building on the solid foundation of the past three years.

“We are proud to partner with Volvo UK as they experience very positive sales growth, supported by an exciting new model range.”


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