Last year, car insurance companies in the German market underwent major changes. LeasePlan Corporation, one of the largest providers of vehicle leasing and fleet management, recently released its 2015 financial statements. This included analyzing and highlighting developments in motor insurance.
How did the rates and benefits of car insurers develop in 2015? What impact did this have on LeasePlan’s customers? These and other issues are highlighted in this article. Particular attention is paid to the factors that have influenced prices and performance.
It also summarizes LeasePlan’s experience in dealing with insurance companies and offers recommendations for action for companies and consumers looking to purchase car insurance in the coming year.
About LeasePlan – who are we?
LeasePlan is a company specializing in the financing and management of vehicle fleets. Since its founding in 1963, the company has become one of the largest players in the market and today manages more than 1.8 million vehicles worldwide. LeasePlan operates in more than 30 countries and employs more than 8.000 employees.
A key component of LeasePlan’s offering is motor insurance, which the company provides as part of its full-service leasing package. With LeasePlan’s motor insurance, customers are fully covered and can rely on fast claims settlement.
In 2015, LeasePlan recorded a successful performance in Germany in terms of motor insurance. The company was able to convince numerous customers of its insurance offering and thus expand its portfolio. At the same time, the loss ratio was significantly reduced, which can be attributed to the high quality of the insurance services provided.
- LeasePlan – who are we?
- The full-service leasing package with vehicle insurance
- The successful track record of the 2015 motor insurance year
LeasePlan is a company with many years of experience in the field of fleet management. With its full-service leasing package, the company offers its customers a comprehensive solution that covers financing, insurance and management of the vehicles. With its motor insurance, LeasePlan also offers its customers full coverage and fast claims settlement.
The 2015 motor insurance year was a success for LeasePlan in Germany. The company was able to convince numerous customers of its insurance offering while reducing the claims ratio. This shows that LeasePlan is able to offer its customers high-quality insurance that meets both the needs of its customers and the requirements of the market.
Review of the year 2015
The year 2015 was a successful one for LeasePlan in terms of motor insurance. The balance sheet shows an overall positive development in this area.
By negotiating contracts wisely and settling claims effectively, the company was able to keep car insurance costs at a low level. Customer satisfaction was also at a high level in 2015.
Another factor that contributed to the success of the 2015 motor insurance year was the intensive collaboration with insurers. Sharing experience and know-how enabled improvements to be made in loss prevention as well as in the settlement of claims.
LeasePlan continues to set a goal of keeping auto insurance costs low, improving loss prevention and enhancing customer satisfaction.
- Effective contract negotiations and claims settlement could make 2015 a successful automotive insurance year for LeasePlan.
- Collaboration with insurers has been instrumental in achieving improvements in loss prevention and claims settlement.
- LeasePlan will continue to focus on keeping the cost of car insurance low and increasing customer satisfaction in the future.
Goals for the coming year
The 2015 motor insurance year produced supportive results for LeasePlan. Despite some challenges when first implementing WLTP, we responded quickly and found new solutions. We plan to continue to be proactive this year and provide the best customer experience possible.
Our goal this year is to provide not only the best insurance offerings for our customers, but also the best customer service and digital experience. We will continue to work closely with our partners to ensure that our leasing customers are covered in every situation.
Additionally, we will keep our customers informed of upcoming changes in the law to make sure everyone understands and is prepared for our news. We will continue to use new technologies to improve our processes and provide our customers with a more efficient service.
- Best insurance offers
- Best customer experience
- Closer cooperation with partners
- Stay informed about changes in the law
- Leveraging new technologies