Marmalade expands its BIBA scheme to include young drivers
30th May 2019
Young Driver Insurance specialist, Marmalade, are delighted to announce that from May 2019, their car sharing insurance solutions will be underwritten by Ageas, one of the UK’s leading A-Rated insurers.
Until now, Marmalade have been the official BIBA Scheme provider for Young Driver Telematics. The agreement with Ageas now means that the scheme now covers all of Marmalade’s insurance solutions.
Crispin Moger, CEO for Marmalade comments: “Marmalade chooses its partners carefully to ensure they understand our values and share the passion we maintain as a business. I am confident Ageas is the right partner for Marmalade to work with to continue challenging the industry and reshaping insurance products available for learner and young drivers.”
Ageas will be underwriting all of Marmalade’s Car Sharing insurance products which allow young drivers flexibility to get on the road without risking the car owner’s no claims discount:
Flexible insurance designed to be added to existing policies to cover learner drivers on a family member’s or friend’s car until they pass their driving test.
Short-term insurance to cover university and boarding school students who only drive occasionally. It is designed to be added to a policy on a vehicle they borrow.
An annual telematics policy designed for young drivers, as an alternative to being named in the car owner’s policy. The app allows the telematics to only activate when the young driver is behind the wheel.
Marmalade is a specialist provider of insurance products for young and learner drivers. They have been providing flexible insurance options to young drivers since 2006 and all their policy options offer the opportunity for young drivers to get on the road with their own, bespoke insurance policy.
Visit Marmalade’s Broker portal to discover how your customers could save money by sharing the family car, and how you can grow your share of the young driver market!