With household budgets being over-stretched, the number of riders now choosing to shop around rather than stick with their existing insurer at renewal now stands at more than 40 per cent – and rising.
The new service from swiftcover.com, the UK's only dedicated online insurance company, enables riders to compare quotes from a panel of more than 19 specialist brokers and direct providers, including well-known names such as Devitt, MCE, and Motorcycle Direct. Offering the widest choice of policies on the market, it is a quick and easy way for motorbike owners to compare policies, and guarantees the cheapest online quotes for riders who are 21 years old and over.
“The average cost of running a 125cc bike is now £1,540 a year – with insurance being the second largest outlay after fuel,” said Tina Shortle, marketing director of swiftcover.com. “Not surprisingly, bike owners are looking for ways of cutting out unnecessary expenditure. Our service gives them the widest choice of policies and can help them slash their insurance premiums.”
For further information and quotes on motorbike insurance, visit www. swiftcover.com.
ENDS
For press information, please contact:
Victoria Roe or Joshua Van Raalte
Brazil (PR agency for swiftcover.com)
01865 556 000
swiftcover@agencybrazil.com
About Swiftcover.com:
Based in Send, near Guildford and employing approximately 200 people,
www.swiftcover.com was born out of a desire to revolutionise the general insurance market. swiftcover.com started trading in June 2005, jointly owned by the founding management team and international insurer Primary Group.
swiftcover.com offers car, travel and pet insurance online, and is Britain's only insurance company without call centres, which means that the cost savings can be passed directly onto the customer and premiums are kept low. As a result, swiftcover.com was voted cheapest car insurance, on average, by moneysupermarket.com in 2007.
This powerful operating model combined with successful marketing and competitive pricing has proven to be a tremendous success. Last year swiftcover.com sold more than 312,000 policies and is considered to be the fastest growing insurer in the UK.
In 2007, AXA UK acquired swiftcover.com. It is now a wholly owned subsidiary of AXA Insurance UK PLC which forms part of AXA Group.
About AXA:
AXA UK is a part of the AXA Group. AXA is a world leader in financial protection. AXA's operations are diverse with major operations in Western Europe, North America and the Asia/Pacific area. AXA employs 120,000 staff and tied agents and, as of June 30 2006, had €1,091 billion in assets under management. AXA reported total IFRS revenues of €72 billion and IFRS underlying earnings of €3,258 million for the full year 2005. Our previous company performance is not a guide to how we may perform in the future.