Young Driver Telematics Insurance
Marmalade’s telematics scheme provides a solution for brokers to grow their share in the young driver market. The scheme provides access to Marmalade’s comprehensive and competitively priced New Driver Insurance, as well as a unique car and insurance package, Cars for Young Drivers.
Young Driver Benefits
As well as offering competitive prices, Marmalade’s telematics insurance offers safety for young drivers too. Their young drivers are three times less likely to be involved in an accident!*
New Driver Insurance
- Covers drivers aged 17 – 24 who are either full or provisional licence holders
- No curfews
- No mileage cap
- Comprehensive cover
- Third party cover in the EU
- No premium increase after passing their test
Cars for Young Drivers
- A year’s free New Driver Insurance or a contribution towards the premium
- Wide range of brand new cars from leading manufacturers
- Low deposit of £500
- Finance available
Presently risks in Northern Ireland cannot be placed.
Easy Process for You and Your Client
The process to take out Marmalade’s New Driver Insurance policy is quick and easy:
- Run a QuickQuote through Marmalade’s Broker Dashboard – takes less than a minute!
- Fill in customer contact details if the client is happy with the quote
- Marmalade to contact the client and take out the policy on your behalf
- Commission is then issued by Marmalade directly
The process to apply for Marmalade’s Cars for Young Driver is just as easy. All applications are made online, all you have to do is to refer your customers using your unique tracking link. This can be retrieved from Marmalade’s Broker Dashboard.
Scheme Benefits for BIBA Members
A solution to provide young driver telematics insurance at a competitive rate
- Exclusive personal business use as well as social, domestic, pleasure and commuting
- Up to £50 commission per New Driver Insurance sale
- Access to UK’s only car and free insurance package from age 17
- £250 commission per Cars for Young Driver sale
- Commission paid monthly by BACS
- Retain customer ownership with the benefit of:
- All sales finalised by Marmalade
- All claims handled directly by the underwriter
- Exclusive access to Marmalade’s Broker Dashboard
- Quick and easy QuickQuote process – takes less than a minute!
- Marmalade will take care and finalise all sales on your behalf
- Dedicated Marmalade Broker Support Team
- Free marketing material
Marmalade are also rated 5 star ‘Excellent’ on Trustpilot
*Based on Marmalade New Driver Insurance (your car) policies incepted 1st April 2016 – 31st March 2017. 1 in 15 Marmalade drivers have an accident within 6 months of their policy start date, compared with 1 in 5 young drivers who have an accident in the first 6 months after passing their test, according to National Statistics.