Azur MGA launches HNW car collector product

Vintage Rolls-Royce

Collector Car is underwritten by AIG and can also incorporate everyday vehicles.

MGA Azur, which describes itself as a managing digital agent (MDA), has developed Car Collector, a HNW product designed for owners and collectors of both classic and modern cars.

The product is for owners who collect vehicles as a hobby or an investment.

Features
According to Azur, which launched last year with the aim of bringing a tech firm attitude to the insurance world, advised that the product includes the following features:

Extended reinstatement: cover that pays up to 125% of

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Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April, with Iprism and Ark to follow and more promised in 2024.

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