DEFEND INSURANCE GROUP expands to Lithuania
Leading specialty insurance administrator is now operating in 7 European markets
PRAGUE, Czech Republic (July 12, 2022) – DEFEND INSURANCE GROUP ("DIG"), the Central European market leader in specialty car insurance, is expanding into Lithuania, making it the 7th European market where DIG operates. As of July, DIG offers its extended warranties, designed for new and used cars, through the local agent, Mango Insurance.
DEFEND has nearly 30 years of experience in the field of complementary services and products for the automotive industry. DIG operating companies are leading providers and administrators of insurance and claims adjusters in Central and Eastern Europe. The group's key product lines include, in particular, extended warranties for new and used cars, which will now be offered in Lithuania through the local agent, Mango Insurance, under the name Mango Insurance Car Warranty.
"We see great potential and opportunity for further growth in Lithuania and the Baltic region with its advanced economies and low competition," says Andrew Quirke, Managing Director of DEFEND INSURANCE GROUP.
The company has chosen Mango Insurance as a strategic exclusive partner to enter the Lithuanian automotive market, which, like DIG, aims to bring innovative and flexible products and services that respond to the current needs of its dealers and customers.
"Mango Insurance is a dynamic company with a wealth of experience in their management team. They bring a fresh approach to the usually conservative insurance market and, as such, are a great partner for us," adds Andrew Quirke.
Anton Timofejev, CEO of Mango Insurance, commented, "This important cooperation brings new value to car owners and the automotive market in Lithuania. From now on, our partners will be able to offer innovative insurance products backed by DEFEND, the leading insurance experts in the automotive industry. We are grateful to have such a partner, because of their vast knowledge within the car insurance sector. There is unique bond between Mango Insurance and DEFEND which creates more confidence and mutual plans for the near future".
Mango Insurance extended warranties offer dealers the tools to promote sales in the used car sector. Quality and reliability are the number one issues when making a used car purchase and customers can enjoy peace of mind and drive without the worry of having potentially to dig deep into their pockets in the future. Programmes are available for up to 36 months for both new and used cars up to 15 years of age and 300,000 kilometres.
The Mango Insurance Car Warranties are underwritten by Fortegra Europe Insurance Company Limited with a prestigious A- rating from AM Best. Customers can therefore rely on the financial strength and quality of this leading international insurance company.
"Our goal is to help clients reduce risks and increase their sense of security and financial stability
by providing tailored insurance products, fast claims handling and excellent customer service. We look
forward to working with Mango Insurance to help Lithuanian clients worry less and 'Experience More' with
our extended warranties, or GAP insurance in the near future," closes Andrew Quirke.
About DEFEND INSURANCE GROUP
DEFEND INSURANCE GROUP companies provide specialty insurance solutions for the automotive sector and handle claims, focusing on extended warranties, GAP insurance, car key insurance and other innovative products. Driven by a mission to exceed customer expectations by delivering peerless automotive solutions and customer support, DEFEND empowers customers to worry less and Experience More and makes significant contribution to their satisfaction and loyalty to DEFEND's almost 4,000 partners across the Czech Republic, Poland, Hungary, Slovakia, Romania, United Kingdom and now Lithuania. In 2022, DEFEND will process more than 400,000 policies and 28,000 claims. For further information please visit www.defendinsurance.eu or follow us on LinkedIn.
About Mango Insurance
Mango Insurance enables businesses of any industry to integrate insurance as a native feature within the product or service offered. This is at the heart of what we do. Our goal is to disrupt an industry and deliver value for our business partners while providing peace of mind to their customers. Mango founders have joined complementary expertise and likeminded thinking to support innovation in the long-term vision. Keep an eye on us for a great journey at www.mangouw.eu and LinkedIn.
DEFEND INSURANCE GROUP
+420 737 862 664