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The Co-operative Motor Group Hits Top Gear

Former Top Gear presenter and journalist Quentin Wilson joined motoring writers and financial correspondents at Goodwood this week for the launch of The Co-operative Insurance's groundbreaking new Young Driver motor insurance product.

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David Neave, Director of General Insurance at
The Co-operative Insurance, Grant Mitchell,
Head of Motor Insurance at The Co-operative, and Quentin Wilson
 
 

The new policy,that calculates premiums based on driving behaviours is the first UK insurance product to reward young drivers with Safer Driving Discounts based on their driving behaviours.

The journalists enjoyed a day at the track trialling the product in vehicles provided by The Co-operative Motor Group.

The product allows The Co-operative Insurance to monitor a driver's behaviour by using data transmitted from a Smartbox, which is fitted into the policyholder's car, via satellite technology. The behaviours then used to calculate premiums are:

·        Braking and acceleration

·        Cornering

·        Speed

·        Time of driving (day or night)

 Click here to find out more about Young Driver  Insurance from The Co-operative Insurance, or to get a quote.


 

 

 

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