In a groundbreaking move towards offering a comprehensive, one-stop integrated service to its customers, Absa has introduced an integrated Finance & Insurance solution for dealer partners across South Africa. This innovative initiative marks a significant step towards enhancing customer experience and streamlining financial services.
Absa's solution simplifies the motor comprehensive insurance application process, enabling dealership Finance & Insurance Managers to close deals more efficiently and expedite vehicle releases. This integrated approach provides customers with a seamless and comprehensive outcome for both their finance and motor comprehensive insurance applications. When a Finance & Insurance Manager receives the outcome of a finance application, the Absa Podium displays both the finance results and two motor comprehensive insurance quote options.
Customers can choose from two insurance quotations provided by Absa Insurance Company: one with telematics, which enables them to earn Absa Rewards, and the other without telematics. Absa's integrated Finance & Insurance solution is designed with both dealers and customers in mind. Finance & Insurance Managers benefit from faster turnaround times on insurance quotes, quicker vehicle delivery, and an even quicker payout process. Customers enjoy competitive insurance premiums and gain access to the exclusive benefits of Absa Rewards.
Absa Motor Comprehensive insurance quotes are not limited to Absa-financed deals, they can also be offered for all financed deals and cash transactions. However, the Finance & Insurance Manager must refer to the Absa Podium to review the insurance quotations. Currently, Absa Insurance Motor Comprehensive quotes are available exclusively for vehicles in private use within the South African Development Community (SADC).
Absa is redefining the vehicle buying and ownership journey, creating a more seamless and rewarding experience by delivering more value with less effort for everyone concerned.
Want to learn more about accessing the Motor Comprehensive Insurance offering? Reach out to your Absa Business Development Officer (BDO) or Business Development Insurance Manager today to get started or alternatively email our Dealer Distribution team at AICDD@absa.africa
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Daniel Pink
September 30, 2025 will be remembered as a landmark day for both the South African automotive sector and for Foton globally, says the Chinese manufacturer after its first pre-production Completely Knocked Down (CKD) Foton pickup rolled off the assembly line at its local plant.
Chinese automotive giant, Chery, is engaged in talks with multiple car manufacturers in South Africa about sharing production facilities to build its vehicles locally, the company's regional chief has revealed to Reuters.
Motor industry leaders are anticipating a sharp fall in American electric vehicle sales after the elimination of a vital R135 000 tax incentive for purchasers.
