SYNETIQ secures NFU contract extension

SYNETIQ has secured a two-year contract extension with NFU Mutual, further cementing a relationship which began in April 2017.

The news is the latest positive announcement in a successful first year of trading which has seen the company surpass expectations for salvage returns. The business is now extending its range of services to existing clients, including green parts, software solutions and vehicle registration mark data.

For NFU Mutual, the whole salvage process is handled by SYNETIQ, from the point of vehicle uplift and transportation through to auction or dismantling. Logistics are dealt with in house, limiting insurer liability and preventing the leakage of Category A and B salvage.

Dale Kirkton, claims supply manager at NFU Mutual, said: “SYNETIQ provided NFU Mutual a seamless transition with a well thought through and supportive strategy. Their IT compliments the service offering perfectly and was intuitive for our handlers to use. The relationship has developed into a value expanding agreement from the outset.”

SYNETIQ has secured a two-year contract extension with NFU Mutual, further cementing a relationship which began in April 2017.

The news is the latest positive announcement in a successful first year of trading which has seen the company surpass expectations for salvage returns. The business is now extending its range of services to existing clients, including green parts, software solutions and vehicle registration mark data.

For NFU Mutual, the whole salvage process is handled by SYNETIQ, from the point of vehicle uplift and transportation through to auction or dismantling. Logistics are dealt with inhouse, limiting insurer liability and preventing the leakage of Category A and B salvage.

Dale Kirkton, claims supply manager at NFU Mutual, said: “SYNETIQ provided NFU Mutual a seamless transition with a well thought through and supportive strategy. Their IT compliments the service offering perfectly and was intuitive for our handlers to use. The relationship has developed into a value expanding agreement from the outset.”