Groupama achieves new deal with Sky Insurance
by Richard Kilner
Story link: Groupama achieves new deal with Sky Insurance
Groupama Insurances has secured a deal with Sky Insurance Services Group Ltd., the specialist modified, prestige and performance car insurer.
Groupama is expected to write £1.5m in the deal’s first year, with volumes forecast to rise over the course of the next three years.
Personal Lines Director for Groupama Insurances Kevin Kiernan said that the success of niche specialists such as Sky Insurance was contingent upon the underwriting quality and expertise they provided to policyholders.
Kiernan went on to say that Groupama’s experience in non-standard motor cover coupled with its focus on meeting the needs of the broker made a perfect combination for Sky, and that the firm was delighted with the new deal.
Earlier this year Groupama struck a deal with eBike, whereby it became the sole underwriter of motorcycle policies sold via the online motorbike insurer.