Verex partners car makers on insurance offering

Data services provider Verex Group has signed up 13 UK vehicle manufacturers to manage their connected data and offer a portfolio of additional services including a range of connected insurance and accident management services. The working relationship will make it easier for car manufacturers to offer motor insurance at the point of sale.

Verex will help manufacturers offer a range of services including usage-based insurance, pay-as-you-drive cover and a proactive electronic first notification of loss solution.

Mark Aryaeenia, group CEO at Verex, said: “With the evolution of digital capabilities and access to increased data and insights, vehicle manufacturers can now offer much more at the point of purchase of a new or used vehicle including branded insurance and accident services.”

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