BGL Group has launched a new car insurance brand named Auto & General aimed at high-value, low-risk customers.

The policies are underwritten by Gibraltar-based Coral Underwriting and Enterprise Insurance.

Standard policy cover includes overnight accommodation in an emergency, sat nav cover, and no excess to pay if policyholders are hit by an uninsured driver.

They will be sold via aggregators and directly from today.

BGL will verify quotes with its Data Hub, which it said would ensure fraud protection and finding the best premiums for the best risk profiles.

BGL group director of intermediated businesses Peter Thompson said: “Through a careful combination of expertise and experience, this is an extremely strong consumer proposition, tapping into an area of the market that we believe has considerable potential.”