Company cars, vans, forklift trucks, trailers and larger commercial vehicles available
PowerPlace today launched fleet as part of its panel of products.
The fleet products available on PowerPlace are backed by RSA, Equity Red Star and Groupama. The products are aimed at protecting a range of risks from company cars and vans to forklift trucks, trailers and larger commercial vehicles up to 44 tonnes.
This is the first new line to launch on the online commercial insurance marketplace since PowerPlace rolled out its offering market-wide in August.
Nick Giddings, PowerPlace’s commercial director says: “We know that competitive Fleet products are in high demand and so we wanted to ensure that we could bring a meaningful proposition to our online marketplace. We’re launching with products from three of our key insurer partners and as with all our lines will continue to enhance our offer by adding new insurers to the panels on a rolling basis.”
“Our development strategy for PowerPlace is very much two-pronged, on the one hand, we are working with brokers in demonstrating how PowerPlace can work for them and on the other, with insurers in bringing new products and carriers on board. Both are going great guns, even more so since we launched PowerPlace to the entire market in the summer. Insurers are increasingly seeing the benefit of being part of PowerPlace and for brokers, the more markets they can access through us, the more compelling the proposition.”
