Daily Insurance Industry News
Daily Insurance Industry News
Friday 17th of August 2018
November 18, 2009

Young Marmalade appoints Merrygold as ambassador

by Richard Kilner

Story link: Young Marmalade appoints Merrygold as ambassador

Young Marmalade, the specialist insurer for young people, has selected Aston Merrygold of JLS as an ambassador for the firm.

Merrygold is an X Factor runner up, and comes from Peterborough, where Young Marmalade is based.

Due to the high insurance premiums, some 300,000 young drivers simply forego insurance, and those who do have it have less money to buy a reliable car.

Crispin Moger, managing director, has advocated cash incentives for young drivers to encourage scrapping old cars and purchasing new ones.

The average age of a car driven by someone aged 17-25 is 13 years, and driving around in vehicles almost as old as they are without all the modern safety features is a cause for concern.

The Institute of Advanced Motoring Trust has stated that one third of all those killed or injured in road accidents are aged 17-25, a figure that has prompted Young Marmalade to call on the Government to improve the situation.


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