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Turners buys into Quashed

20 August 2024, 2:02 pm

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Turners buys into Quashed
Image: GoAuto
Turners buys into Quashed
Image: GoAuto

AutoExec Summary
New Zealand used-car dealership Turners Automotive Group has invested $1 million for a 13% stake in the insurance comparative platform Quashed. This investment aligns with Turners’ strategy to provide more value to its customers through digital offerings. Quashed, which is closing in on 100,000 users, allows consumers to explore and compare insurance prices and coverage from multiple providers. The platform also helps users manage all their insurance policies from a centralized location. Quashed co-founders are delighted with Turners’ investment, as it will help accelerate the platform’s expansion. Quashed also offers tools such as insurance calculators and Market Scan to help users save money on their insurance.

Brands mentioned: Turners Automotive Group, Quashed, Justin Lim, Wenbo Li, John Ganzan, Market Scan, GoAutoNews Premium

 

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