By Moses Akaigwe
Multi-brand automobile marketer and assembler, Coscharis Motors Plc, has sealed partnership with two of the foremost names in the country’s insurance industry to embed vehicle insurance into its {Coscharis’} auto sales and after-sales offer.
Under the partnership, existing and prospective customers of Coscharis Motors will continue to enjoy premium automobile after-sales service backed with risk protection from the underwriting companies, guaranteeing peace of mind at a minimal cost, from the moment they purchase any vehicle of their choice.
Speaking at the launch at Coscharis Group head office in Lagos, Coscharis Group’s General Manager, Marketing and Corporate Communication, Abiona Babarinde, explained that the idea of a joint cost-effective premium insurance was conceived by the three reputable brands to deliver multiple value for money when it comes to purchase of new vehicles.
Babarinde, who represented the President / CEO of the Coscharis Group, Dr. Cosmas Maduka, said the package avails Coscharis Motors’ customers with a robust opportunity to insure the vehicles at a very lucrative insurance premium rate that is irresistible in the market.
Coscharis Motors was confident that the initiative would be “a game changer” in the value chain of vehicle purchase, especially with a compelling rate for insurance cover in Nigeria. “With the Coscharis robust portfolio of iconic auto brands and reputable insurance brands of AIICO and Tangerine, we promise nothing but customer experience that will deliver value for money in all ramifications.”
The General Manger stated that one of the primary objectives of the unique partnership is to provide existing and prospective customers of Coscharis, AIICO and Tangerine avenues “to enjoy premium automobile after-sales service backed with risk protection from the underwriting companies.”
The protection, according to him, guarantees “peace of mind at a minimal cost of 1.75 percent premium from the moment they purchase any vehicle of their choice from the Coscharis dealership.”
Babarinde gave more insight into the deal, saying: “These three great brands have entered into this value-based collaboration in our quest to continuously offer the best value to our wide range of customers.
“With this integrated insurance package, we can guarantee our customers immediate insurance coverage at the time of vehicle purchase across all of Coscharis showrooms, as well as a quick and stress-free claims process should the need arise from either Tangerine or AIICO insurance respectively.
“With the tested and trusted pedigree of the three brands in their respective industries, this partnership clearly will deliver value for money with the insurance premium comprehensive cover for vehicle purchase in Nigeria.
“Going by the experience, expertise and capacity for underwriting this kind of business, both AIICO and Tangerine stand to compliment Coscharis Motors that has been a leading automobile dealership representing globally respected brands over decades in Nigeria.
“From this partnership, customers and prospects of Coscharis, Tangerine and AIICO brands stand to gain significantly with a well thought procedures to speed up the claims process and enjoy a seamless customer experience which include priority attention for necessary repairs or replacements.
“This ultimately delivers meeting our common customers’ needs in delivering cost savings and greater user experiences which significantly make insurance accessible and the journey to quality vehicle ownership and protection, a seamless experience.”
In his remarks, Head, Partnership & Alliance at AIICO, Piyush Srivastava, stated, “We appreciate the trust reposed on us by the Coscharis Group, giving us this platform to bring on board our experience, expertise and capacity for underwriting this kind of business.
“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.”
The Head, Digital Partnership & Wealth Management, Tangerine, Mrs. Luciana Ojeniyi, assured of her company’s commitment to the success of the partnership.