Driven by increasing competition, new ownership models such as car sharing, emissions targets and regulatory requirements, as well as the push to lower fuel consumption and raise safety standards, automotive technology is advancing at breakneck speed.
Now with viable hybrid, electric, LPG, diesel and biofuel options – as well as connected cars and driverless cars on the horizon – consumers have more choice than ever before.
By planning strategically and acquiring or partnering with the right technology and support companies, dealerships and manufacturers can ensure they not only secure their own slice of the market, but that they can maintain quality and even raise standards.
QBE has been providing insurance to automotive manufacturers, dealerships, financial institutions, trucking companies, fleet operators, maintenance service companies, and parts and equipment suppliers for nearly 20 years. We offer a wide range of relevant products, including our market-leading Automotive Protection affinity products, as well as Motor Fleet and Motor Trade covers.
We have long-standing relationships with automotive customers from all over the world, including Ford, Mercedes, BMW, Audi, Al Futtaim Group, Nordea Bank and the Good Sam Club.
Our underwriters are all specialists and many have backgrounds in engineering or have worked for automotive manufacturers or dealerships. That means that – whether you’re a local trader or a multinational dealership – we have the expertise and flexibility to create tailor-made products for your particular circumstances.
We also provide risk management support to help reduce the frequency and severity of claims, which can lead to lower insurance costs in the long term.
Finally, under our unique QBE Premiums4Good initiative, we offer the opportunity for 25 per cent of your premiums to be invested in projects that benefit communities or the environment. We provide annual updates about the projects we have supported, which you are welcome to use in your own reports to stakeholders, employees and customers.
Our team works with automotive manufacturers, distributors, dealerships and financial institutions to create profitable, brand-enhancing affinity insurance and warranty products, backed by seamless online administration and a fast, efficient and effective claims service.
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We work closely with brokers to offer cover to motor fleets in the UK and Ireland for their legal liabilities to others, as well as own damage, if required. No matter what your trade or size of business, we will work hard to understand your challenges and try to find a solution to meet your precise needs.
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We provide cover to suit the specific needs of companies that work with vehicles, including motor traders, garages and MOT centres. We can accommodate most risks – no matter what size or trade – providing competitive cover and actively looking for ways to help you reduce your exposures.
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Our Property cover offers protection from damage to your organisation’s physical assets, as well as any resulting disruption to your business. Our experience and expertise allow us to help firms of all sizes, from SMEs to global conglomerates.
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We offer Employers’ Liability cover to automotive firms relating to their duties under the Employers’ Liability (Compulsory Insurance) Act 1969 to insure against liability for bodily injury or disease sustained by employees.
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We have decades of experience in providing liability cover. Our General Liability policy offers firms effective protection against claims for damage or injury brought by third parties.
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As directors and officers are increasingly being held personally responsible for any problems that arise, Directors’ and Officers’ cover is becoming an essential part of attracting and retaining key people.
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Professional Indemnity insurance covers professionals for losses and defence costs if they provide inadequate advice, services or designs that cause a client to lose money. We have more than 40 years’ experience and are market leaders in this area.
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We can create compliant multinational programmes for a wide range of products – including General Liability, Property, Professional Indemnity and Directors’ and Officers’ Liability – in more than 150 countries.
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