The new three year contract will support Lex Autolease’s services which it provides to around 300,000 vehicles, as the UK’s largest fleet and leasing manager, and will commence in January 2016.
Service in the UK will be provided by the AA’s 3,000 plus patrols and includes roadside assistance, recovery, incident management and European cover.
The Lex Autolease contract win will add to the AA’s B2B business which serves approximately ten million customers in total. Aside from fleet, leasing and hire companies, the B2B business covers three other categories.
One is an important relationship with Lex Autolease’s parent company Lloyds Banking Group to offer breakdown cover to added value account holders across the bank’s brands, including Lloyds, Halifax and Bank of Scotland. In addition, the AA also serves automotive manufacturers representing close to 70% of the UK’s new car sales market, and also provides breakdown cover to insurance companies who offer the service in addition to the core insurance offer to customers.