Rally Raid Champions sign multi-year deal with insurers VAPS HCV
South African T1 Adventure Rally Raid Champions Red-Lined Motorsport have signed a multi-year strategic partnership deal with insurance underwriters VAPS HCV.
“We are delighted to welcome VAPS HCV aboard as Red-Lined Motorsport’s strategic insurance partner,” team principal Terence Marsh confirmed. “Besides operating in totally different spheres of the motoring world, VAPS HCV Insurance Underwriters and Red-Lined Motorsport enjoy a very similar business philosophy, and as such we are looking forward to unlocking the value that this partnership will bring both of us into the future.”
“We are both proud and delighted to confirm our strategic partnership with Red-Lined Motorsport and look forward to an exciting new collaboration with what is regarded as one of South Africa’s most comprehensive and exciting motorsport platforms,” VAPS HCV Managing Director Abrie Olivier announced. “Terence and the Red-Lined team have a pioneering; adventurous and super-competitive spirit and we look forward to been part of their journey into the future.
“There are more nuances than first meet the eye between VAPS HCV and Red-Lined Motorsport, and we see that as a major advantage. VAPS HCV is an innovative insurance underwriter that underwrites Heavy Commercial Vehicle and Goods in Transit Insurance and related Value-Added Insurance products, including Excess Waiver, Loss of Use and Renasa IVP as standalone or add-on cover,” Olivier explains.
“VAPS HCV joins our Red-Lined team alongside our existing premium strategic partners, including the Penta Motor Group, BFGoodrich, Motul, Dragon Energy, OMP, Ingco South Africa and ExpandaSign,” Terence Marsh concludes. “We look forward to flying the VAPS HCV flag high into the future within the high profile and action packed South African Rally Raid championship.”
Issued on behalf of Red-Lined Motorsport
What | : | Red-Lined VAPS HCV Partnership Announcement |
Where | : | Kyalami, Johannesburg, South Africa |
When | : | Monday 9 December 2024 |
Community | : | South Africa National |
For further information please contact terence@redlined.co.za
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