26. 08. 2008
Wouldn't it be nice not to have to pay an increase on your car insurance premium next year - Well now you can!
13. 08. 2008
Ditch the directory and get your next motor insurance quote online its so fast and so simple
08. 08. 2008
Despite pitiful attempts by some car insurance companies to market male car insurance the car insurance for women market is still strong
05. 08. 2008
Get yourself online and shop around for a cheaper deal on your next motor insurance premium
29. 07. 2008
The word is shop around when you get your car insurance renewal
23. 07. 2008
The general insurance market in the UK is being reshaped with the intervention of the internet and the interactivity it brings.
20. 07. 2008
Are you one of those people who might be misguided by your fully comprehensive motor insurance cover
14. 07. 2008
The market for online car insurance grows month on month and you can also buy online to
09. 07. 2008
Join the revolution of female drivers searching for car insurance online solutions
05. 07. 2008
Do car insurance companies mix and match phone numbers to make profit
Pot Kettle Black Surely
Added - 09/03/2007
Admiral Insurance Chief Henry Engelhardt has amazingly commented that insurance aggregators, and we must assume he also means confused.com in this group are going to inevitably hold back the big boys in the insurance market from rising prices to help the car insurance market place recover and return to profit.
Engelhardt believes the smaller insurance companies could anchor the lower premiums making it harder for giants such as the Royal Bank of Scotland to increase rates. Insurance aggregators effectively allow Joe public to view a full spectrum of quotes from one entry giving them a true flavour of the price opportunities that exist across the board. The competition is immense in the current arena and those like Norwich Union and the Royal Bank of Scotland who have put up prices are not achieving the desired effect they once commanded.
The car insurance market has not produced a profit since the mid nineties and the motor insurance book does need that boost but there is clearly a paranoia with direct insurers while the personal lines brokers are lapping it up whilst they can. It just seems like a little bit of pot kettle black when you consider the Admiral Group are responsible for Britain’s largest car insurance aggregator service confused.com. The Admiral insurance group made outstanding pre tax profits of over one hundred and forty million pounds in 2006.
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