Asda Money appoints Hood Group to launch its new home insurance
Supermarket giant Asda has appointed leading affinity insurance provider, Hood Group, to launch its new home insurance product working with the Asda Money arm of the business. This appointment follows a competitive tender process.
Hood Group will be delivering its new 3 and 5 star Defaqto rated home insurance products, developed exclusively for Asda customers, giving them greater choice and flexibility over how much cover they take and how much they pay, with the added benefit of home emergency cover included as standard.
As part of the recent appointment, Hood Group will deliver a seamless end-to-end customer solution by providing a fully-branded e-commerce platform with all customer support functions provided in-house including; customer service centre, policy fulfilment, and a sales support team.
Asda customers will be able to build their own personalised quotation by selecting from ‘Core Cover’ types; Buildings, Contents or both – and then choose from Optional Extra cover from gardens to gadgets to suit their own different needs and lifestyles.
Greg Cole, Commercial Manager at Asda Money, comments: “At Asda, we’re committed to delivering great value and quality to our customers and we’re focused on saving them money every day. The Hood Group demonstrated that they understood what we are all about. Their fresh and flexible approach to home insurance really reflects our values – the customer comes first and Hood Group is striving to deliver not only great value but also great service. I’m confident that our customers are going to be able to buy insurance to protect their home that lives up to the value and service they expect to receive from Asda.”
Hood Group will be delivering a fully branded proposition. The Group’s modern and agile business systems has enabled them to build a new quote engine designed to drive conversions, plus the fully mobile responsive design will make it even easier for Asda customers to purchase insurance from their smartphone or tablet.
Simon Hood, Chief Executive at Hood Group, comments: “We’ve listened to what Asda wants its customers to experience when buying home insurance and we will be delivering a totally unique customer journey. Our solution will make it quick and easy for Asda customers to buy the cover they want, at the right price. We’ve made all the supporting documents as jargon free as possible, getting them all certified by the Plain English Campaign, so that customers are not baffled by unfamiliar home insurance terms and can feel safe in the knowledge that their home and possessions are covered.”
He concludes: “We’re proud to have the opportunity to work with one of the biggest brands in the UK, who clearly place their customer value and service at the heart of everything they do, and I am confident our tailored affinity solution will deliver that experience to each and every Asda home insurance customer.”
The Asda Money home insurance product developed by Hood Group is underwritten exclusively by RSA.