Polly (formerly known as DealerPolicy), the leading insurance marketplace for automotive retail, announced a strategic partnership with Alpha Warranty Services, a leading provider of vehicle service contract products to independent dealers. Through this partnership, Polly’s cost-saving personal insurance platform will help Alpha Warranty provide a best-in-class digital insurance shopping tool to its automotive dealers and their customers by integrating into Alpha Warranty Services proprietary Zoom F&I platform.
The Polly digital insurance shopping platform is the latest addition to Alpha Warranty’s suite of finance and insurance (F&I) products tailored to optimize the car buying journey through the sale of vehicle service contracts. The partnership will be focused on driving greater revenue, per vehicle retail (PVR) and F&I product penetration for Alpha Warranty and its dealers.
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“We’re thrilled to partner with Alpha Warranty to bring increased savings to their dealer network,” said Travis Fitzgerald, Co-Founder and CEO of Polly. “We couldn’t have found a better partner to join us in our mission to transform the car buying experience and set a new standard for consumers to purchase their automotive insurance.”
“Alpha Warranty has been a leader in providing technology solutions that enhance the dealer experience. In Polly, we’ve found a true partner that shares our vision,” said Bryan Haakenson, VP of Business Development at Alpha Warranty Services. “Polly is not only disrupting the automotive retail experience, but also laser-focused on enhancing the customer journey while still bringing immense value to our dealership partners.”
Polly’s innovative digital insurance marketplace brings together automotive insurance and car buying, providing a more holistic end-to-end car shopping experience for consumers while also converting customer buying power into profits for dealers. On average, Polly customers who report savings, save $64 per month on their automotive insurance. These savings empower customers to reinvest in additional F&I products offered by dealerships. Dealers in Polly’s network report an average back-end gross increase of 44 percent. Partnering with Alpha Warranty Services will allow Polly to further incorporate personal insurance into the car buying process at over 3,000 dealers nationwide.