Only Young Drivers outsources administration to Direct Group

15/11/2011 14:03:05 by Marketing

Only Young Drivers has today announced that it will be outsourcing its day-to-day administration to Direct Group in a move which is said to support the firm’s “aggressive growth plans”.

Meanwhile, the Guildford-based under-25 car insurance broker has also been trialling the use Voice Risk Analysis technology to help pinpoint and underwrite more careful young drivers who have seen their premiums increase by 40% in the past year.

Tony Martin, managing director, OYD, said: "It's a key stage in the development of the business enabling us to focus on marketing the OYD brand through price comparison sites.

"Our insurer panel is keen to build on the profitable portfolios we've established with them to date. We plan to be on up to five price comparison sites in the next 18 months."

Derek Coles, chief executive, Direct Group, added: "The outsourcing of sales and administration to Direct Group by Only Young Drivers is a great opportunity to work with an innovative and ambitious company and continues the company's expansion in the outsourcing arena and into wider propositions, such as young drivers. I am delighted with this news."