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TotalEnergies Inks Agreement with Mahindra Insurance Broker

In Business
February 16, 2024

MUMBAI:
TotalEnergies Marketing India Private Limited (TEMIPL) has entered into an agreement with Mahindra Insurance Broker Limited (MIBL) to provide one-stop insurance services at TotalEnergies Quartz Auto Services (TEQAS) workshops. The agreement will enable a hassle-free customer experience for insurance-related solutions for car owners.

Through Mahindra’s digital platforms at TEQAS, customers can buy or renew their vehicle insurance policies and have access to cashless claims across a multitude of insurance companies.

TotalEnergies offers high-performance lubricants that have fuel economy properties, as well as a range of car care products and best-in-class car servicing for vehicle owners, across 235 TEQAS centers in India. With this new collaboration, these centers emerge as multifaceted service hubs that will give car owners easy access to not only repair & maintenance services but also insurance services.

Olivier Sabrié, Chairman & Managing Director, TotalEnergies Marketing India Private Limited said, “This strategic partnership between TEMIPL and MIBL will allow our TEQAS workshops to deliver a more convenient, comprehensive and seamless experience to our automotive customers across the country. The inclusion of insurance products in our digital offerings aligns with customer expectations of today, and we are happy to meet this need.”

Vedanarayanan Seshadri, Managing Director and Principal Officer – Mahindra Insurance Brokers Ltd said, “The partnership between MIBL and TotalEnergies aims towards expanding the distribution network for insurance services through our platform. This alliance will further increase accessibility for retail customers, facilitating a one-stop solution to meet their service and customized requirements. It will improve the insurance market penetration and enhance our ability to cater to the evolving needs of the customers.” Through this agreement, the TEQAS workshops will be empaneled as POSP (Point of Sale Persons) for MIBL.