ingenie partners with Vauxhall Motors
Our partnership with Vauxhall represents a significant step forward for ingenie as a business. It's the first time a major motor manufacturer has embraced telematic car insurance and put their name against it.
'Vauxhall Insurance powered by ingenie' is a unique proposition that we believe will empower more young people to start driving. This initiative gives us yet another way of reaching out to young drivers and their parents in a new way and at the right time – at the dealership when they are shopping for a suitable car.
It creates a great opportunity for us to fully explain how ingenie works, and ultimately, show how we can save young drivers money and make them safer.
The scheme is exclusively underwritten by Ageas Insurance Limited.
After one year of operating, the most popular car we insure is the Vauxhall Corsa, so a partnership with its manufacturer was clearly the right move. The fact that both brand new and used-approved Vauxhalls will be offered to young people with ingenie insurance at dealerships nationwide only serves to widen the potential of this partnership.
Young drivers find it increasingly difficult to buy affordable car insurance and ingenie offers a fairer solution that assesses them on their own merits. With one in five of our driver community choosing a Vauxhall Corsa, the partnership with Vauxhall is a perfect fit.
Richard King, founder and CEO at ingenie
Richard King, ingenie founder and CEO pictured with ingenie ambassador Gary Lineker
We're also looking forward to insuring new owners of Vauxhall's latest city car, the Adam (launching in 2013) whose trendy appeal, affordability and low insurance grouping makes a perfect package with ingenie.
In just under a year, our growing community of young policyholders has become a unique group who talkback to us on social media and share their experiences. Most have been shown to make positive improvements to their driving using the ingenie system and many have received a discount on their premium in the process.
With Vauxhall as a prominent partner, we will continue this growth into next year and continue to strive to be the most affordable and sensible way for 17-25 year olds to get on the road.
Vauxhall has teamed up with young driver insurance specialist ingenie. The partnership could provide 17 to 25 year-old Vauxhall drivers, of both new and used cars, with more affordable insurance and the benefits of ingenie's black box technology, which acts as a co-pilot.
ingenie fits a black box out of sight in the car and collects data on how the car is being driven. The box assesses individual driving styles and driver feedback is available via the ingenie mobile app and online.
Key areas of driving are assessed including speed, cornering, braking and acceleration. The policy is then reviewed every three months and the best drivers could receive a discount of up to 10 per cent on their insurance in the first year - so, if they drive well, they pay less.
"We wanted to provide young drivers who buy their cars through Vauxhall retailers with affordable insurance to help them get on the road,“ said Mark Pinkney, Vauxhall's Marketing Programmes Manager, “ingenie's technology and approach made them an obvious choice for this partnership. Vauxhall Insurance for 17-25 year olds powered by ingenie will help make it more affordable for first time young drivers but more importantly it will encourage young people to become better drivers through ingenie's driving feedback.“
Commenting on the partnership with Vauxhall, Richard King, founder and CEO at ingenie said: “Young drivers find it increasingly difficult to buy affordable car insurance and ingenie offers a fairer solution that assesses them on their own merits. With one in five of our driver community choosing a Vauxhall Corsa, the partnership with Vauxhall is a perfect fit.“
Notes to EditorsAbout Vauxhall
Vauxhall Motors has been manufacturing motor vehicles in the UK continuously since 1903. Vauxhall's range spans all mainstream sectors of the vehicle market with best-selling model names such as Corsa, Astra, Meriva, Zafira and Insignia regularly in the top ten of the sales charts. Vauxhall is also the largest manufacturer of commercial vehicles in the UK and its parent company General Motors' 4th largest global market.
The company employs c4,000 people in the UK and exports over three quarters of its production. It is headquartered in Luton, Bedfordshire where it also manufactures the Vivaro light commercial vehicle. A second plant at Ellesmere Port in Cheshire produces the Astra.
ingenie provides car insurance for 17-25 year olds and brings together a community of better drivers. A black box is fitted out-of-sight in the car to assess individual driving styles. Regular driving feedback is available via ingenie's mobile app or online. Driving trends and patterns are assessed rather than isolated incidents - policies are reviewed every three months with discounts applied to the best drivers in the community.
ingenie is backed and supported by footballer turned broadcaster Gary Lineker and Williams F1 who have assisted in the development of ingenie's telematics technology as well as supporting our road safety initiatives.