Ford Pro Insure, backed by Pie Insurance, debuting in 3 states
Pie Insurance will provide distribution, underwriting, servicing and claims functions.
Ford Pro Insure, which offers coverage for commercial vehicles and fleets, is launching in Arizona, Illinois and Tennessee, according to the automaker, which reported it expects to expand to other states later this year.
Pie Insurance is handling distribution, underwriting, servicing and claims duties, and policies will be issued by policies issued by The American Road Insurance Company, an admitted insurance carrier and subsidiary of Ford Motor Company and Ford Credit.
The policies will also allow fleet owners to leverage vehicle data to enhance safety, improve efficiency and lower insurance costs, according to the automaker.
According to Jim Drotman, Ford Pro FinSimple executive vice president of commercial financing and insurance, the carmaker is working to establish capabilities in areas important to commercial customers, with insurance being among those critical spaces.
Drotman explained that Pie’s background in commercial coverage will allow the company to quickly offer a seamless financing and insurance option to customers.
“Ford Pro customers have come to expect a complete set of products and services that ensure their fleets are the most efficient and productive business tools they can be,” Drotman said in a release. “Insuring their vehicles through Ford Pro Insure will be an important part of that seamless experience that helps many business customers lower their total cost of fleet ownership.”
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