Zurich has signed a five-year capability cope with MGA Freedom Providers that may see each re-enter the telematics market, Insurance coverage Age can reveal.
The partnership, which is predicted to be value £50m of GWP within the first 12 months, additionally covers industrial van and contains product distribution by means of Freedom’s sister firm Stella Lady.
Zurich has beforehand had telematics preparations with the likes of Carrot, By Miles and My Coverage however now will work on a solus settlement on this space with Freedom.
The MGA needed to pause its telematics insurance coverage providing final 12 months when Italian insurer Unipol withdrew from the UK. As earlier than it’ll use an
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