Admiral Recognised as a Defaqto ‘Trailblazer’ for Electric Vehicle Insurance Innovation

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Admiral Recognised as a Defaqto ‘Trailblazer’ for Electric Vehicle Insurance Innovation

Admiral, a member of Fintech Wales, has been recognised as a ‘Trailblazer’ by Defaqto for its innovative approach to electric vehicle (EV) insurance. This accolade highlights Admiral’s efforts to offer tailored benefits that meet the specific needs of EV drivers.
Defaqto, known for its impartial analysis of financial services and insurance markets, introduced the Trailblazer recognition to identify industry-leading providers demonstrating exceptional innovation. Admiral’s electric vehicle policies, including those under its brands Bell, Diamond, Elephant, and Ford Insure, stood out for their unique features, such as the “out of charge” cover.

Setting a New Standard for EV Insurance

Admiral’s comprehensive EV insurance includes a recovery service for vehicles that run out of charge, a benefit included in less than 10% of comparable policies in the market. This service recovers the vehicle to a charging station, the policyholder’s home, or another location of their choice, without requiring excess payments or affecting no-claims discounts.

This feature reflects Admiral’s commitment to providing practical, customer-focused solutions for the growing EV market.

Industry Praise

“Admiral and its other brands are included within a small number of providers that offer this benefit. As a leading provider in the electric car insurance market, Admiral can be considered a trailblazer in this space as it has clearly developed cover benefits and features for the electric car owner.”

– Mike Powell, Insight Manager for Banking and General Insurance at Defaqto

“Admiral is one of the UK’s leading insurers of electric vehicles, and we pride ourselves on providing competitively priced cover for EV drivers. We’re committed to looking out for our customers and supporting the transition to electric by offering insurance with specific and innovative benefits as standard for electric vehicles.”

– Stacey Last, Admiral EV Product Lead
Admiral’s recognition as a Defaqto Trailblazer highlights its position as an innovator in the insurance market, supporting the future of sustainable transportation with tailored solutions. Learn more about Admiral’s achievements on their LinkedIn post.