Coscharis Motors Limited has partnered AIICO Insurance Plc and Tangerine to integrate insurance policy into its automobile sales.
To this end, existing and prospective customers of Coscharis will continue to enjoy premium automobile after-sales service backed with risk protection from the underwriting company, guaranteeing peace of mind at a minimal cost from the moment they purchase any vehicle of their choice.
Speaking at the launch, group general manager, Marketing and Corporate Communication, Coscharis, Mr. Abiona Babarinde, disclosed that his firm entered into this value-based collaboration in its quest to continuously offer the best value to its wide range of customers.
With this integrated insurance package, he said, the company can guarantee customers immediate insurance coverage at the time of car purchase across all its showrooms, as well as a quick and stress-free claims process should the need arise.
On his part, the head, Partnership & Alliance at AIICO, Mr. Piyush Srivastava, appreciated the trust reposed in AIICO by the Coscharis Group, giving it the platform to bring on board its experience, expertise and capacity for underwriting this kind of business.
According to Srivastava, “From this partnership, Coscharis Motors’ clients stand to gain significantly. Among other backend processes in place, we have developed procedures to speed up the claims process and they would enjoy a seamless customer experience. In addition, customers are to get priority attention for necessary repairs or replacements.”
Similarly, the head of retail business, AIICO, Gbenga Ilori, noted that the insurer’s approach to business is built on a deep understanding of the markets it operates in, adding that, this partnership illustrates its commitment to providing solutions to the identified needs.
AIICO Insurance has been in the underwriting business for nearly six decades and currently ranks highest by gross written premium in the industry for two consecutive years (2020 and 2021).
Established in 1977, Coscharis Motors has been providing the Nigerian people with vehicles from a robustly diversified auto dealership comprising five luxury and two value brands: Land Rover, BMW, Ford, Rolls Royce, Jaguar, among others.
