Insurance firm backs heritage vehicle centre scheme

A US-headquartered classic car insurer has given its backing to a new multi-million-pound heritage vehicle centre, which is being created in the city thanks to support from Derby City Council.

Hagerty International has partnered with Great Northern Classics, which is creating the centre at the former Rolls-Royce Light Alloys site, in Osmaston Road.

As part of the agreement, Hagerty becomes the preferred insurance partner for Great Northern Classics, with a host of branded areas on-site, and a number of planned events and member incentives.

Due to open in the summer, the specialist hub for the classic vehicle industry will have apprenticeships at its heart, with resident businesses contributing to a not-for-profit training school that promises to hone the skills of numerous apprentices each year.

It will bring together an estimated 30 specialist restoration and fabrication companies, with a visitor centre and event space.

Permission for the centre was given by the city council earlier this year.

It has also made another contribution to the scheme by lending Great Northern Classics £1.25 million from its Derby Enterprise Growth Fund.

According to Shaun Matthews, founder of Great Northern Classics, the site aims to provide a base for an estimated 120 jobs, both skilled and apprenticeships.

He said: “We are proud to welcome Hagerty as a partner as we work towards our official opening next summer.

“Both brands share a common aim to protect and champion the classic car industry and together we can create a stunning enthusiast destination and working hub in the heart of Derby.

“Great Northern Classics brings new life to the former Rolls-Royce site and promises to bring a number of specialist businesses to the area, creating new jobs and apprenticeships and contributing to the continued success of the UK classic car industry.”

Mark Roper, managing director at Hagerty International, said “Hagerty is committed to the preservation of the global enthusiast vehicle industry, ensuring it can be enjoyed by generations to come.

“The aim of Great Northern Classics, in creating new jobs and apprenticeships, is vital for the longevity of our industry, while also providing a brand-new destination for enthusiasts to gather.

“I am delighted to announce our partnership with this exciting new development for UK car culture and look forward to the official opening in the summer of next year.”