Rac Limited
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Rac Limited - overview
Established
1897
Location
Walsall, -, UK
Primary Industry
Financial Services
About
Rac Limited provides essential automotive services, focusing on breakdown cover and car insurance for vehicle owners across the UK and Europe, enhancing driver security and convenience. Founded in 1897, Rac Limited specializes in automotive services, particularly breakdown coverage. The company has adapted its strategies over the years to include a comprehensive range of products, catering to both individual motorists and businesses. Under the leadership of CEO David Buxton, Rac Limited continues to operate from its headquarters in Birmingham, UK.
The founder, André Anjos, has a notable history in the automotive sector, although specific details on his previous ventures are not available. Rac Limited does not have reported subsidiaries or was identified as resulting from a merger or carve-out. The company has successfully raised a total of funding across multiple rounds, with specific details on amounts and dates not disclosed. Rac Limited primarily offers breakdown cover and car insurance, targeting a wide range of vehicle owners in the United Kingdom and Europe.
Their core offerings include Standard, Extra, and Basic breakdown cover plans, with the Standard and Extra plans allowing new customers to save up to 33%. The company also provides home service repairs, eliminating visits to garages, and ancillary services like route planning and vehicle service reminders, catering to both individual drivers and business clients. Rac Limited has been recognized as the Moneyfacts Car Insurance Provider of the Year for three consecutive years, reinforcing its standing in the market. Rac Limited generates revenue primarily through subscription-based services for breakdown cover and car insurance.
Customers can choose to pay monthly or annually, with plans starting from GBP 5. 29 per month for basic Roadside cover. The company offers various comprehensive packages that include additional services, ensuring a direct transaction model that supports long-term relationships with customers and encourages recurring revenue through service renewals and policy upgrades.
Primary Industry
Financial Services
Sub Industries
Financial Services
Website
www.rac.co.uk
Total Amount Raised
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