Welcome to BM Cover

Specialist F&I knowledge  We can offer the expertise to take your performance to the next level

BM Cover has one main objective. This is to help to maintain Finance and Insurance profitability for automotive retailers in the UK marketplace by offering a number of specialist professional services.

Working successfully in the dealer based automotive retail marketplace for in excess of 35 years, recognise that there is a need for maintenance or improvement of Finance and Insurance profitability for most retailers in the UK. With each passing year it is clear that the profit margins involved in selling vehicles are being eroded significantly in most cases. This makes F&I income more important than perhaps it has ever been before.

F&I Strategy, FSA Compliance and F&I Training and Development.

Whilst many major retailer groups have recognised their dependence on F&I and have successfully appointed full time Finance and Insurance Development Managers to offer ground level and strategic support, there are many small to medium sized retailers who cannot justify this expense on a permanent month in month out basis.

This is one reason that our company was formed, to offer these other retailers the opportunity to utilise specialist professional Finance and Insurance Managers who are proven in delivering exactly the same service that the major retailers enjoy the benefits of.

Professional Business Manager Cover and Re-Solicitation of Insurance Products.

Another need which was recognised was the challenge for retailers to maintain Finance and Insurance profitability when a Business Manager is absent due to annual leave, training courses, sickness, paternity/maternity leave or one of many other reasons.

Most dealerships which have experienced operating the Sales Department in the absence of their Business Manager will understand how important this pivotal role is to ensure that not only Finance and Insurance profitability is maintained but the operations are conducted in an FSA compliant manner.

Our Solution is to provide the highest level of service in flexibility and quality terms in providing the significant benefits of having an experienced professional Business Manager in place without a requirement for a long term commitment.

We also offer the use of our Business Managers to re-solicit general insurance products to your customers after they have taken delivery of their vehicle, sometimes on a no win no fee basis