Chery, Absa and Innovation Group launch insurance offering

16th August 2023

Chery, Absa and Innovation Group launch insurance offering

From Creamer Media in Johannesburg, this is the Real Economy Report.

Sashnee Moodley:

Vehicle manufacturer Chery, banking and financial services provider Absa and insurance technology platform provider the Innovation Group in July officially launched an insurance partnership that aims to ensure post-warranty assurance for the growing number of Chery customers in South Africa. Tasneem Bulbulia tells us more.

Tasneem Bulbulia:

The three entities collaborated over a series of months to co-create these products, which have been designed to assist customers and vehicle owners to better manage the costs of owning a vehicle once the factory warranty has expired.

These products include an extended warranty proposition and service plans, which aim to enhance Chery’s offering in the country.

Absa insurance business managing executive Collin Molepe expands on the launch of this partnership.

Absa insurance business managing executive Collin Molepe...

Tasneem Bulbulia:

Molepe highlights the milestones and goals that will now be targeted following the launch.

Absa insurance business managing executive Collin Molepe...

Sashnee Moodley:

That’s Creamer Media’s Real Economy Report. Join us again next week for more news and insight into South Africa’s real economy. Don’t forget to listen to the audio version of our Engineering News daily email newsletter.