Daimler Truck Financial Services inks new deal with Marsh

Vehicle-focused financial services provider Daimler Truck Financial Services (DTFS) has secured a new deal with insurance broker Marsh to support UK transport operators.

The new cooperation agreement will give DTFS truck and bus customers across the UK access to commercial insurance and risk advisory services.

The offering also includes a holistic offering for customers that incorporates motor insurance, commercial general liability, goods in transit and commercial business insurance.

James Hubbard, director of strategy and marketing at DTFS, said: “The cooperation agreement on insurance that we have entered into with Marsh reflects our commitment to provide a truly comprehensive portfolio of services for our customers.

“We look forward to making further, exciting announcements in 2023, particularly in relation to e-mobility and the role that we can play in helping operators and indeed dealers as they embark on their transitions to a zero emission future.

“As well as financing their acquisitions of battery electric and – further down the line – hydrogen fuel cell-powered vehicles, DTFS will also be well placed to provide support in other areas, such as charging infrastructure.”

Widespread rollout

The move follows DTFS UK opening for business in August 2022. 

As well as the UK, the new insurance service has already been rolled out in Spain, with other European markets planned to follow shortly.

“We are excited to launch the UK phase of our collaboration with DTFS, building on our European cooperation agreement,” Marsh UK affinity leader Chris Barclay said.

“We have colleagues across more than 50 locations throughout the UK. 

“This aligns with the wide geographic spread of DTFS dealer partner locations. 

“We look forward to providing insurance and risk advisory support and advice to DTFS customers, whatever their size and location.”