Autoprotect (Mbi) Ltd

Autoprotect (Mbi) Ltd specializes in automotive insurance products and warranties, focusing on enhancing customer satisfaction for vehicle owners and retailers through tailored solutions that address market challenges. Founded in 2004, Autoprotect provides insurance products and warranties specifically designed for the automotive industry, catering to both consumers and retailers. The company operates from its headquarters in the UK, under the leadership of CEO Graeme Nieman, who has a background in the insurance sector. Autoprotect has maintained a consistent business strategy focused on enhancing value for its clients without any significant pivots in operations or structure.

AutoProtect specializes in value-added insurance products and warranties tailored for the automotive sector, targeting both consumers and vehicle retailers. Their offerings include a range of insurance solutions and dealer warranties designed to meet the diverse needs of vehicle manufacturers and retailers of various sizes. These products aim to address key challenges in the automotive market, such as rising repair costs and disruptions in parts supply, by providing peace of mind for vehicle owners and facilitating smoother claims processes for service providers. AutoProtect serves a wide client base that encompasses dealerships and brokers across the UK and Europe, with a focus on enhancing customer retention and satisfaction within the sector.

AutoProtect generates revenue primarily through partnerships with retailers, dealerships, and brokers, supplying them with insurance products and warranties. The company engages in B2B transactions where dealers purchase these products to offer to their customers, ensuring that vehicle owners have access to essential coverage and warranties. The transaction structure typically involves the sale of insurance products that may include subscription-based models or one-time payments for warranties. While specific pricing plans for individual products are not disclosed, these offerings are strategically designed to provide value in a competitive market, thereby driving sales through their retail partners.

AutoProtect's position as a credit broker facilitates financing options for customers, further enhancing the company's revenue streams.