The Car and Truck Fleet and Leasing Management Magazine

Motor Fleet Insurance Sold in Online Auction

November 9, 2007

LONDON – Direct Fleet Insurance (DFI), a new online company providing commercial vehicle fleet insurance, has been launched, according to the Web site

The business model is based on the principle of the online auction in that a fleet operator or broker will submit details of the fleet, and insurers will then proceed to “bid” for the policy.

During the process both buyers and sellers can see what is being offered and bids can be increased to secure the business.Insurers forming the panel currently handle over 50% of UK fleet insurance business.

They include Zurich, Allianz and AXA, and DFI’s discussions with other insurers are ongoing. The service uses vehicle registration numbers to obtain key information and should therefore be quick and easy to use.

The site also allows a direct dialogue between insurers, brokers and fleet operators, so that specific queries can be dealt with efficiently.

The transparency of the system should benefit fleet operators, brokers and insurers by providing competitive cover that is right for the needs of the client.

According to Paul Samways, director of DFI, “Fleet insurance has traditionally been a very labor intensive process for everyone involved … but by combining the efficiencies of a sophisticated online site with the expertise of dedicated fleet underwriters we are now able to offer all parties a quick, accurate and highly competitive platform on which to do business.”

Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Fleet Tracking And Telematics

Todd Ewing from Verizon Connect will answer your questions and challenges

View All


Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All


Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Sponsored by

A gas in the atmostphere that absorbs and emits infrared thermal radiation. Examples of gases include carbon dioxide, methane, oxides of nitrogen (NOx), water vapor, and ozone.

Read more

Up Next

More From The World's Largest Fleet Publisher