BMW Group Insurance terms and conditions.
BMW and MINI Car Insurance.
BMW and MINI Car Insurance are administered by Qover. Qover is authorised/licensed or registered by the Financial Services and Markets Authority of Belgium under the code 0650.939.878 in Belgium and is regulated by the Central Bank of Ireland for conduct of business rules.
Qover is an untied insurance agent with registered address Rue du Commerce 31, 1000 Brussels, and is authorised to distribute insurance products in Ireland on a Freedom of Services basis and therefore does not have any local branch/office in Ireland.
BMW and MINI Car Insurance are insured by Wakam. Wakam is a French limited company registered with the Paris Trade and Companies Register (Registre du Commerce et des Sociétés) under number 562 117 085, VAT FR59562117085, authorised and regulated as an insurance undertaking by the Autorité de Contrôle Prudentiel et de Résolution. Wakam is licensed to carry on insurance business in Ireland under the freedom to provide services and is regulated by the Central Bank for conduct of business rules.
For these products, BMW Financial Services (Ireland) will not undertake any intermediation or regulated activity with regard to insurance distribution.
Insured Warranty and Roadside Assistance.
BMW, MINI and BMW Motorrad Insured Warranty & BMW, MINI and BMW Motorrad Roadside Assistance are underwritten and sold by AWP P&C S.A. – Dutch Branch, trading as Allianz Global Assistance Europe, located at Poeldijkstraat 4, 1059 VM Amsterdam, The Netherlands, with corporate identification No 33094603 registered at the Dutch Authority for the Financial Markets (AFM) No 12000535 and authorised by L’Autorité de Contrôle Prudentiel et de Résolution (ACPR) in France.
AWP P&C S.A. – Dutch Branch is regulated by the Central Bank of Ireland for the conduct of business rules.
BMW Motorrad Bike Insurance and Multi Bike Insurance.
BMW Motorrad Bike Insurance is arranged and administered by Carole Nash Insurance Consultants (Ireland) DAC.
BMW Motorrad Insurance Solutions (Ireland) is a trading name of Carole Nash Insurance Consultants (Ireland) DAC. Carole Nash Insurance Consultants (Ireland) DAC is regulated by the Central Bank of Ireland (Ref. C187762). Registered in Ireland, number 633718. VAT registration no: 3573512HH. Registered address: Ulysses House, 22/24 Foley Street, Dublin 1, Republic of Ireland.
BMW, MINI and BMW Motorrad
Shortfall (GAP) Insurance, Contract Hire Shortfall (GAP) Insurance, Tyre Insurance, and Cosmetic Repair Insurance.
This insurance is underwritten and administered by MAPFRE ASISTENCIA Compania Internacional De Seguros Y Reaseguros, S.A. MAPFRE ASISTENCIA Compania Internacional De Seguros Y Reaseguros, S.A., trading as MAWDY, which is authorised by Direccion General de Seguros y Fondos de Pensiones del Ministerio de Economia y Hacienda in Spain and is regulated by the Central Bank of Ireland for conduct of business rules.
BMW Financial Services (Ireland) DAC receives a commission from MAWDY for each insurance policy sold by BMW Retailers (up to 9% of the annual insurance premium). The commission amount is included in your insurance premium. MAWDY will also pay the BMW Retailers a commission for each policy they sell to you.
BMW Financial Services (Ireland) DAC (trading as BMW Financial Services, MINI Financial Services and Motorrad Financial Services) is regulated by the Central Bank of Ireland.
BMW Financial Services (Ireland) DAC and:
• Qover
• AWP P&C S.A. – Dutch Branch
• Carole Nash Insurance Consultants (Ireland) DAC
• MAPFRE ASISTENCIA Compania Internacional De Seguros Y Reaseguros, S.A.
are not part of the same corporate group.
All policies are sold subject to the limitations on the cover stated in them and the general conditions and exclusions of the policy.