Retail Automotive Alliance sticks with NIG over Allianz
The Retail Automotive Alliance (RAA) has renewed its £2m insurance contract with NIG, through broker Willis, Motor Trader reports.
The two-year deal covers motor trade and self drive hire insurance for the RAA's 22 franchised dealer groups.
Then there were two
NIG beat off Allianz after 13 initial insurers were cut to two. Each made a presentation to the RAA shareholder members. NIG and Willis first won the tender in 2007.
"We have enjoyed a good working relationship with Willis and NIG over the past two years, but following the review of many of the other insurance competitors, it was clear that a continued relationship with them was still the best choice," said Marc Matthew the RAA chairman.