ISELIN, N.J. – Darwin Automotive (“Darwin”) announced that its platform is now seamlessly integrated with Fetch!, an electronic auto insurance comparison site that specializes in insurance carriers who offer policies for people with all types of income, credit and driving histories. The online marketplace enables users to shop, compare rates, and purchase auto insurance all online in just minutes. Vehicle insurance is now inserted into the automated F&I process on the Darwin platform at no additional cost to dealership partners.
With no human involvement, a customer can research, compare to their existing rates, and often save money for premier-level insurance. This is a brand-new profit opportunity for our dealership partners, and we are excited to be the first to integrate this into the F&I process.
“Our partnership with Fetch! is a gamechanger for the industry. For the first time, consumer insurance is now a seamless part of the automated F&I process for the dealership,” said Phillip Battista, CEO Darwin Automotive. "As part of the vehicle delivery process, the customer can go online, fill out the information, and in minutes get multiple quotes from insurance companies negotiating against each other. Similar to LendingTree for home loans, insurance companies are competing for business. With no human involvement, a customer can research, compare to their existing rates, and often save money for premier-level insurance. This is a brand-new profit opportunity for our dealership partners, and we are excited to be the first to integrate this into the F&I process.”
Commenting on the new integration, Fetch! CEO Fred Rector stated, “To say we are excited about this relationship would be an understatement. An association with a company such as Darwin is flattering at the very minimum, it is a big deal. Darwin has done such a great job designing their platform. The company also has a lot of similar traits to Fetch! They found a problem with a finance product and we found a problem with an insurance product, and then fixed it.”
According to Rector, Fetch! is a closed platform that is an integrated customer-driven insurance solution designed for both virtual and brick-and-mortar auto dealership Point-of-Sale. “We limit the number of options offered to approximately four as we don’t want to compete with the auto sale but aim to complement it and avoid paralysis by analysis with a finite number of choices. At that point, the consumer can decide what they can afford, purchase insurance, and drive the vehicle off the lot,” Rector added.
Darwin added this functionality to enable its auto dealer clients to offer consumers discounted auto insurance from premium carriers in a matter of minutes without the need for human interaction. Consumers can now transact in-store, or online, and at any time with the dealership and solve their auto insurance needs. The entire process is swift and user-friendly for the customer.
“Darwin is considered to be the only truly transactional platform in the industry. The Fetch! Integration seamlessly adds auto vehicle insurance as part of the process that already includes e-contracting, fully digital F&I, and compliance and disclosure while still returning a profitable deal to the dealership,” Battista stated.
Darwin Automotive currently operates in all 50 states with over 8,500 dealerships subscribed to its programs and is on track to deliver 8.5 million units on the platform for the year.
For more information, or to schedule a product demonstration, call: 1-732-781-9010 or visit: https://darwinautomotive.com.
See all comments