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Assurant and Revive have signed a new cosmetic car insurance deal in response to increased dealer and motorist interest in car cosmetic products
As a result of the exclusive five-year deal, cosmetic car insurance from Revive! Auto Innovations will be offered to over 3,000 UK dealers who retail motor warranty products from Assurant. Revive! has seen growth in the last 12 months, including 27% in dealership sales.
Sean Kent, director of Automotive Europe at Assurant, said: “We know from our dealers that they are seeing increased demand for cosmetic car products of this kind.
“There are several trends powering this but probably the most significant is that in the wake of the pandemic, most people are driving older cars and are willing to invest in keeping them looking good.
“The new deal places us in an excellent position to drive forward sales in this area, especially at the point of sale, meeting the needs of motorists while providing our dealers with an improved revenue stream.”
Products will cover bodywork scratches and dents, and alloy wheel damage. Products will be provided through Assurant partner channels including motor manufacturers, franchised dealers and independent retailers, and RAC branded warranty and aftersales products.
Mark Llewellyn (pictured), MD at Revive!, added: “With state-of-the-art equipment, our technicians will provide industry leading customer satisfaction levels setting both Revive! and Assurant ahead of the rest of the market.
“Dealerships across the country already utilise Revive!’s SMART repair services and this partnership with Assurant will only help more customers to maintain the high-quality finish of their vehicles.