PLEASANTON, CA–(BUSINESS WIRE)–Tekion, the innovator of Automotive Retail Cloud (ARC), the first and fastest cloud-native SaaS platform for automotive retail, today announced a partnership with Polly, the leading insurance marketplace for automotive retail.
Through this partnership, dealers will be able to access Polly’s insurance offerings seamlessly and in real-time directly from Tekion ARC via Tekion’s Automotive Partner Cloud (APC). Insurance cost savings are presented to the dealer user for easy quoting and then immediately offered to the dealer customer. Not only do consumers benefit from savings on car insurance, they can also reinvest those savings in additional products and services for their new car purchase.
“Tekion strives to bring value to the entire auto retail ecosystem,” says Amit MaheshwariSVP of Business Development at Tekion. “Our partnership with Polly enables dealerships to pleasantly surprise consumers when purchasing a vehicle by showcasing potential cost savings during the R&I process while reducing another step of separate auto insurance purchasing. With the unexpected savings in paying monthly, consumers can choose to purchase additional products and services from the merchant, improving profitability for the merchant. It’s a win-win for both consumers and retailers.”
“Polly is thrilled to be working with Tekion to integrate our innovative and market-leading digital insurance marketplace with Tekion’s pioneering merchant ARC platform,” said Wayne PastorePresident and COO of Polly. “Savvy consumers and forward-thinking dealers know that their choice of insurance plays a vital role in a complete and enjoyable car buying experience, and together Polly’s partnership with Tekion delivers on their expectations.”
ARC is the first and fastest cloud-native platform with all the capabilities of a DMS and accompanying tech stacks to run a seamless retail business. ARC modernizes the entire automotive retail journey, improving the consumer experience and bringing retailers maximum efficiency by connecting consumers, dealers and OEMs better than ever via its state-of-the-art platform. Polly enables consumers to bundle auto insurance with their car purchase, providing a fully streamlined buying experience that completes the retail process and generates consumer savings. Merchants on the Polly network report an average backend gross uplift of 44 percent. The Tekion/Polly integration is built directly into the retail ARC DMS workflow, enabling staff efficiency, a streamlined sales process and an improved customer experience. To learn more, visit https://tekion.com/.
About Tekion
Tekion has revolutionized an industry undisrupted for over 50 years, challenging the paradigm with the first and fastest cloud-native automotive platform, featuring the revolutionary Automotive Retail Cloud (ARC) for retailers and the Automotive Enterprise Cloud (AEC) for Manufacturers includes and other major automotive companies and Automotive Partner Cloud (APC) for technology and industry partners. Tekion connects the full spectrum of the automotive retail ecosystem through one seamless platform. The transformative platform leverages cutting-edge technology, big data, machine learning and AI to seamlessly bring together OEMs, retailers/distributors and consumers. With its highly configurable integration and advanced customer engagement capabilities, Tekion enables the best automotive retail experience ever. Founded in Silicon Valley, Tekion employs over 2,000 innovators worldwide. Visit www.tekion.com for more information.
About Polly
Polly is the most trusted and complete digital insurance marketplace for car dealers and their valued customers. The company’s innovative mobile technology allows car buyers to view multiple insurance quotes and make instant purchases online and/or connect with licensed insurance agents to complete the process. With an exclusive combination of partnerships between world-class auto dealers and data providers, an industry-leading network of insurance carriers, and access to Polly-licensed insurance agents, Polly is recognized for its place at the forefront of insurtech. Polly is a licensed insurance agency with licenses to operate in the lower 48 states. Visit www.polly.co for more information.
