Insurance marketplace Polly, formerly known as DealerPolicy, has partnered with Assurant, a provider of lifestyle and housing solutions.
Polly provides a digital insurance marketplace bringing together automotive insurance and car buying, providing what is calls a holistic end-to-end car shopping experience.
The company said of those who report savings, save an average of $64 per month on their automotive insurance. Polly said these savings empower customers to reinvest in finance and insurance (F&I) products offered by dealerships.
Through this partnership, Polly said its cost-saving personal insurance platform will help Assurant provide best-in-class digital tools to its automotive dealers.
The Polly platform is the latest addition to Assurant’s suite of digital retailing tools tailored to optimise car buying journeys for consumers while effectively incorporating the sale of F&I products. The partnership will be focused on driving greater revenue, per vehicle retail (PVR) and F&I product penetration for Assurant and its dealer partners.
Martin Jenns, president of Assurant Global Automotive, said, “As the leading F&I provider in the industry, we’re focused on providing our dealers with innovative, proven solutions that enable their transition into digital retailing. The simple concept of utilising automotive insurance as a potential tool for ancillary revenue, increased PVR, and product penetration will be a meaningful opportunity for our dealer partners.â€
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