Kwik Fit Insurance

Kwik Fit, the British car servicing and repair company, opened in 1971. In response to customer demand, Kwik Fit Insurance, part of Kwik Fit Financial Services, was formed in 1995 and has grown to become one of the UK’s leading car insurance distributors.

Originally employing 130 staff at a single site in Lanarkshire, Scotland, Kwik Fit Insurance has expanded to host almost 1000 employees and now incorporates a second site following the 2007 acquisition of Birmingham based Express Insurance. In September 2012 this Birmingham site was closed and all activities were transferred to the Lanarkshire site.

Kwik Fit Insurance's core business remains car insurance but they have added consistently to their staple in recent years and can now boast a strong home insurance book, an extensive range of additional car insurance products alongside van, motorbike, pet and travel insurance.

Awards and recognition

Kwik Fit Insurance placed 80th in the Sunday Times 'Best Companies to Work for' list for 2010.^[1]

Over the years, the intermediary has been recognised throughout the business community with success at the National Business Awards, British Insurance Awards, Insurance Times Awards, National Training Awards, Customer Contact Association Excellence Awards and the Contact Centre Innovation Awards.

^{[2] [3] [4] [5] [6] [7] [8]}

Ownership

Kwik Fit Insurance, part of the Kwik Fit group until June 2010, was founded by Sir Tom Farmer and run by him until 1999 when it was acquired by the Ford Motor Company. A decision by Ford to concentrate on its core business led to the sale of Kwik Fit in 2002 to CVC Capital Partners. Kwik Fit was sold in 2005 to PAI Partners, a European private equity firm. Kwik Fit Financial Services was sold by PAI to Fortis Insurance UK, now Ageas (UK) Limited, for a figure of £215m in 2010.^[9]

The Green Insurance Company

The Green Insurance Company was launched in August 2007 as a subsidiary of Kwik Fit Insurance. The Green Insurance Company offer greener car insurance with customers benefitting from low emission discounts and 100% carbon offset for their cars' carbon dioxide emissions.

^[10]

Charity

Kwik Fit Insurance has raised over £240,000 for its nominated charities since the creation of its Charity Committee in 2005. This year, the intermediary plans to raise over £40,000 for its charity of the year, Rutherglen High School, which provides education to almost 100 children with special needs. They hope to provide a new minibus, sensory garden and sensory room with the funds raised.

^{[11] [12]}

Lollipop Person of the Year

In 2008, Kwik Fit Insurance launched their UK-wide search to find the Lollipop Person of the Year. Schools throughout the country participated with stories, drawings and poems describing why their Lollipop Person should be chosen as the nations finest. Heather Day of St Peters Church of England Junior School won the title in 2008, with John Foley of Bushes Primary School, Paisley picking up the award in 2009.

^{[13] [14] [15] [16]}

References

External links

• Kwik Fit Home Insurance