NARS Nationw.Acc

 

TIDMNARS 
 
RNS Number : 7920X 
Nationwide Accident Repair Srvs PLC 
13 December 2010 
 

 
 
NARS 
 
                    NATIONWIDE ACCIDENT REPAIR SERVICES PLC 
                          ("Nationwide" or "the Group") 
 
                      Major Agreement for Mobile Division 
 
Nationwide, the largest provider of dedicated accident repair services in the 
UK, is pleased to announce notable progress with its strategy to substantially 
expand its mobile repair services, with the signing of a major agreement for its 
glass repair service, Motorglass, and a pilot for its mobile repair offering, 
Mobile Repair. These developments follow the formal launch of Nationwide's new 
expanded mobile services in the late summer. 
 
Nationwide's Motorglass subsidiary has entered into a new one-year agreement 
with Hastings Insurance Services, an existing customer of Nationwide, expected 
to be worth approximately GBP1 million per annum.  Under the terms of the 
agreement, Motorglass will provide its mobile glass repair offering across the 
UK from 1 February 2011, offering customers of Hastings Insurance Services glass 
repairs at a location and time convenient to them.  The Group will be one of 
only two providers of this service. 
 
In addition, Nationwide's Mobile Repair business has secured a pilot scheme with 
another major existing insurance customer to provide its mobile repair offering 
as part of an integrated repair service.  The pilot is trialling the repair of 
lightly damaged vehicles 'off-site' using Nationwide's fleet of specialist vans. 
 Any larger repairs will be directed to the Group's extensive bodyshop network. 
This integrated offering will ensure that each job isrepaired in the most 
appropriate, efficient and cost effective way. 
 
 
Michael Wilmshurst, Chief Executive of Nationwide, said, 
 
"Following the successful launch of the mobile division, comprising Motorglass 
and Mobile Repair, our offering has received a very positive response from both 
existing and potential customers.  Our mobile fleet not only extends the scope 
of services offered to customers, it also forms a key element of our strategy to 
significantly increase our penetration of the fleet market.  We have a stated 
aim to expand our mobile repair capability substantially over the next three 
years and the agreement and pilot announced today represent significant progress 
on this strategy." 
 
 
Enquiries: 
 
+-------------------+--------------------------+--------------+ 
| Nationwide        | Michael Wilmshurst,      | T: 01993 701 | 
| Accident Repair   | Chief Executive          | 720          | 
| Services plc      |                          |              | 
+-------------------+--------------------------+--------------+ 
|                   |                          |              | 
+-------------------+--------------------------+--------------+ 
| Biddicks          | Katie Tzouliadis/ Sophie | T: 020 7448  | 
|                   | Lane                     | 1000         | 
+-------------------+--------------------------+--------------+ 
|                   |                          |              | 
+-------------------+--------------------------+--------------+ 
| Arbuthnot         | James Steel/ Ben Wells   | T: 020 7012  | 
| Securities        |                          | 2000         | 
+-------------------+--------------------------+--------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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