Marmalade unveils pay-as-you-go policy for young drivers

heavy-traffic

The product, which the broker claims is the first of its kind in the UK, is underwritten by Ageas and uses specialist smartphone telematics technology to record how users drive.

Marmalade has launched a new pay-as-you-go offering for young drivers.

The Peterborough-based broker claimed this is the first policy of its kind in the UK market and noted that the product will allow drivers to pay specifically for the miles they use on a car where they are not the main named driver.

It detailed that miles driven will be tracked by Marmalade’s App and Tag system, which it said uses specialist smartphone telematics technology to record how users drive.

The policy is

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Pen names Hannah Fry as COO

Gallagher-owned Pen Underwriting has appointed Hannah Fry as chief operating officer joining the executive team on 6 January 2025.

Review of the Year 2024: Acrisure UK’s Mark McIlquham

Mark McIlquham, CEO of Acrisure UK, expresses disappointment at high-quality independent intermediaries selling to consolidators; still thinks a big insurer might snap up a broker; and reckons his children would take delight in watching him take part in a bushtucker trial on I’m a Celebrity ... Get Me Out of Here.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: