Auction website handling over £1m of policies per month.
Direct Fleet Insurance (DFI), the auction-based platform for fleet insurance, has added Norwich Union to its panel. Norwich Union is the UK’s largest fleet insurance provider.
DFI now offers access to 80% of the UK’s fleet insurance market. Other insurers already trading on the site include Allianz, AXA, Brit, Groupama, Highway, HSBC, NIG and Zurich.
Paul Samways, director of DFI, said: “When we began DFI we set out to make the purchase of fleet insurance more efficient and competitive for both broker and insurer which we knew would require buy-in from the biggest and best names in the fleet sector. I’m therefore delighted that Norwich Union has come on board and that we can now provide brokers with an easy route to nearly the entire UK fleet insurance market in just a few mouse clicks.”
Since its launch nine months ago over £6m of fleet premium has been submitted for bidding on the DFI site and in June alone over 180 fleets were uploaded for auction.
Direct Fleet Insurance handles car and all other commercial vehicle fleet insurance cover. It can be found at www.directfleetinsurance.co.uk