Home Financial News MAPFRE ABRAXAS wins its third “automotive award” in the United Kingdom

MAPFRE ABRAXAS wins its third “automotive award” in the United Kingdom

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The magazine “AM Best’s Review” acknowledges the company as a recommended brand when taking out GAP insurance, which protects the market value of the vehicle when it is purchased.

MAPFRE ABRAXAS, part of MAPFRE ASISTENCIA in the United Kingdom, has won its third “AM Dealer Recommended for GAP insurance” award in the 2016 edition. This coverage, which MAPFRE ASISTENCIA has been offering since 2003, ensures the protection of the market value of the vehicle when it was purchased in cases of theft or total write-off.

This is the third time in the last four years that MAPFRE ABRAXAS has won this prestigious award in the automobile sector, given by the magazine “AM Best’s Review”, published by the ratings agency “A.M. Best Company”, which is a benchmark publication in the insurance industry with over 10,000 readers per month in the United Kingdom.

The prize is awarded in accordance with the results of a survey among franchised dealers in the United Kingdom and is given in recognition of the best providers in the automobile sector. The Operations Manager of MAPFRE ABRAXAS, Jair Marrugo, explained that “this has been a very demanding year as a result of changes in the regulations governing the sale of GAP insurance in the United Kingdom. Nevertheless, this award goes to show that our innovative solutions like the launch of our new Sales Point Plus system have meant that dealers have been able to continue offering GAP insurance in compliance with the new regulations and have been well received in the market.”

Marrugo added that the award, together with those received in 2013 and 2014, shows that “we are still the brand leader in terms of the support given to our associated dealers.” Furthermore, he assures us that this is an acknowledgment of the work undertaken by the team in the United Kingdom to offer dealers “the excellent service they have come to expect from MAPFRE”.