Shift in customer behaviour will lead to 62 jobs at warranty specialist
A car warranty specialist is creating 62 jobs at its Lancashire headquarters due to a switch from public transport caused by the pandemic.
Warrantywise has also reported a record year in sales growth.
It is celebrating an outstanding 55% increases in year-on-year sales, which chief executive Lawrence Whittaker, attributes to several reasons.
He said: “We’ve had a fantastic year for sales, and worked really hard on setting goals to achieve this.
“We hired a new chief sales officer, Mark Khan, invested in our IT to keep our systems ahead of the game, and also have seen consumer trends which have benefited us.
“People are keeping their cars longer and not upgrading them, and coming to us for a warranty for peace of mind on an older car.
“People are buying inexpensive used cars as they prefer to use those rather than use public transport in these times.
“We’ve seen an increase in our lower value car warranties being sold, alongside growth in all areas of our business.”
To manage the huge growth, Warrantywise is installing a £500,000 first floor development in its flagship Hyndburn head office to enable it to double the size of the sales floor.
The stunning, fully glass walled building will now have capacity for 124 in the sales team, bringing the total team size to 200. This is doubling the size of the current sales team, requiring a recruitment drive when the works are finished.
Since Warrantywise made it their headquarters a total of £4m has been spent on purchasing and improving the Rocket Centre.
Sara Britcliffe, MP for Hyndburn and Haslingden, said: “I’m delighted to see further growth for Warrantywise, creating additional jobs in Hyndburn.
“The building really is a flagship and shows off just how much Lawrence is prepared to invest for the future.”
Warrantywise offers warranties on cars, vans, fleets, trade warranties, vehicle inspections and also home cover.