Muc-Off partners with NextGen
Bicycle and motorcycle care company Muc-Off is partnering with UK-based insurance intermediary NextGen Insurance to launch “a new and totally unique bike insurance product.”
The new offering, available to UK customers, offers a range of features such as insurance premiums that never increase on renewal for the same risk. Beyond insuring their bike, riders also get £15,000 of personal accident cover and every policy comes with third party liability cover up to £1 million.
“As always, we’re stoked to have found a new way to improve the experience of owning and maintaining a bike. Working in partnership with NextGen on a move into bike insurance is the next step on that journey for us. We’ve all had bike insurance ourselves here, and most of us have been frustrated by their limitations, so we knew what we didn’t want from a policy! Working through the potential cover options with NextGen, we all got super-excited about giving the industry the major shakeup we think it needs! We’re proud of what we’ve been able to create together, and we know our customers will love it!” – Alex Trimnell, CEO at Muc-Off.
“We’re absolutely thrilled to be working with Muc-Off on this new and innovative product. Muc-Off offer superb products to dedicated customers that this insurance offering will really appeal to. We’re pleased to continue to offer the next generation of insurance products to enthusiasts that just want to get out and ride, knowing they’re covered. A significant increase in bicycle sales (over a million during the first national lockdown) will likely result in an increase to the number of bicycle thefts during 2021/22. A number of bike insurance policies out there don’t provide adequate cover for riders, so for us at NextGen, it was important to us that we worked with a highly credible, forward-thinking company, that shared our views and wanted to create something truly game changing. Muc-Off provided incredible insight into what riders demand from their products, and together we’ve applied their core values to the world of Insurance” – Alan Hickman, founder at NextGen.