Ebix Australia is excited to announce the addition of Mainstay’s comprehensive Motor Trade insurance product to our Sunrise Exchange platform. This collaboration enhances our commitment to providing brokers with streamlined access to specialised insurance solutions tailored for the motor trade industry.
“At Mainstay, we believe specialised insurance should be easy for brokers to access and place. Our integration with Sunrise Exchange helps remove friction from the process, enabling brokers to secure tailored Motor Trade protection for their clients quickly and efficiently.” – Adam Dalton, Managing Director, Mainstay Underwriting
Tailored Coverage for the Motor Trade Industry
Mainstay’s Motor Trade Insurance is a specialist business insurance solution designed for businesses operating within the motor trade sector, including motor mechanics, service and repair workshops, tyre retailers, auto electricians, parts retailers and other associated motor trades.
The policy combines core business coverages into a single package, helping businesses protect their premises, operations, customers’ vehicles and financial performance. Key coverage sections include:
- Motor Trade Section – Cover for customers’ vehicles in the insured’s care, custody or control, test drives, vehicle sales activities, and business, loan or courtesy vehicles.
- Property Cover – Protection for buildings, contents, stock and equipment, with additional cover for theft, crime-related losses, fidelity and specified property risks.
- Public and Products Liability – Protection against third-party injury and property damage claims arising from business operations and products, with optional extensions including faulty workmanship and roadworthy certification liability.
- Business Interruption – Cover for loss of income and increased operating costs following an insured property loss.
- Machinery Breakdown – Protection against sudden and unforeseen breakdown of insured machinery and equipment.
Mainstay focuses on established motor trade operators and does not offer cover for wrecking operations, or tow truck businesses engaged in accident or breakdown towing activities. Eligibility also requires principals to have a minimum of three years’ industry experience.
Seamless Integration with Sunrise Exchange
By integrating Mainstay’s Motor Trade product into Sunrise Exchange, brokers can now:
- Process quotes and new business submissions efficiently.
- Manage policy endorsements, renewals, cancellations, and lapses with ease.
- Benefit from automatic updates to both insurer and intermediary back-office systems, reducing data entry errors and administrative overhead.
- Experience faster turnaround times on policies, enhancing overall productivity.
- Produce bespoke CoC’s directly from Sunrise.
Empowering Brokers with Specialist Expertise
Mainstay Underwriting is a wholly Australian-owned and managed Lloyd’s Coverholder specialising in motor trade, dealership and property insurance. Our tailored business insurance solutions are designed for specialist brokers and supported by experienced local underwriters who understand the unique risks faced by motor trade businesses. Combined with our in-house property claims capability, brokers and insureds benefit from greater oversight, streamlined communication and faster decision making throughout the claims process.
Get Connected Today
To start offering Mainstay’s Motor Trade insurance through Sunrise Exchange, or to learn more about this integration, please get in touch with our sales team at sales@ebix.com.au or call us at +61 2 8467 3000.
Experience the synergy of specialised insurance solutions and cutting-edge technology with Ebix Australia and Mainstay Underwriting.