Volkswagen Financial Services (VWFS) UK and insurer Ageas UK have entered into an agreement which will see customers buying an Audi, Volkswagen, Skoda, Seat or Volkswagen Commercial Vehicle gain access to a motor insurance package.
The agreement will see Ageas manage a selected panel of insurers, including itself, who will provide white label insurance for the manufacturers customers.
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Robert Cottrell, head of insurance for UK market and international development at VWFS said: "This is the start of many exciting changes planned within the VWFS insurance area for 2015 strengthening the link between the retailer network, our customers and our brands."
Ant Middle, managing director of Ageas partnerships said: "It’s fantastic news that we will be working alongside Volkswagen to support their customers and we’re excited about the opportunities this partnership creates. Volkswagen is well known for its quality products and their decision to choose Ageas to build and develop its insurance proposition underlines their trust in our team. This new deal reinforces our ambition to grow our partnerships business."
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By GlobalData
