The Volkswagen Group has announced that a new insurance service is to be made available to its customers, with individually branded motor insurance products for five of its brands to be administered by Zurich.
Customers of Audi, Seat, Skoda Auto, Volkswagen and Volkswagen Commercial can access the range of insurance, which includes a complimentary seven-day cover option.
Volkswagen described the development as a "strategic move" and said it was designed to ensure that its insurance service is able to provide retailer networks and customers with a range of competitive products.
Graham Wheeler, managing director of the group, said: "We felt that it was necessary for us to be able to offer the drivers of Volkswagen Group vehicles one of the best services and most comprehensive motor insurance products available in the market.
"With this in mind we conducted a major review of the market and our previous products and concluded that Zurich would be the right organisation for us to work with."
The insurer’s commercial approach is "well aligned" to the brand values of Volkswagen, Mr Wheeler added.
Adrian Saunders of Zurich described the agreement as an "exciting new deal" and said it was being seen as an opportunity to develop a long-term relationship between the two firms.