swiftcover.com collects double accolades as the UK's best insurer

Monday, 20 July 2009

swiftcover.com has been named as the UK's 'Best Online Motor Insurance Provider' and the country's 'Most Trusted Motor Insurance Provider' in two different prestigious awards ceremonies.

The title of 'Best Online Motor Insurance Provider' was awarded to swiftcover.com by readers of Your Money magazine, whilst the title of 'Most Trusted Motor Insurance Provider' came following a nationwide poll of consumers by personal finance website Moneywise.

For the Your Money award, swiftcover.com was initially shortlisted based on price and service, with the final decision based on the experiences of a mystery shopper panel made up of the magazine's readers.

To win the title of Most Trusted Provider, over 10,000 Moneywise readers were polled and asked to rate financial services providers on a number of factors including website service, overall service and, crucially, whether they would be prepared to recommend swiftcover.com to other people.

Tina Shortle, marketing director of swiftcover.com, said: "We are delighted to have won these two important awards because they are honours voted for by our customers. It shows that not only does swiftcover.com provide the UK's cheapest motor insurance, we also give drivers an excellent level of service and the trust and confidence they demand from a motor insurer."

These are the third and fourth major accolades won by swiftcover.com this year. Comparison site moneysupermarket.com named swiftcover.com the UK's cheapest insurer after the company provided the lowest priced premiums on the site more often than any other insurer in 2008, whilst a Best Buys survey carried out by Which? found that swiftcover.com offered the cheapest price in 15 categories. Swiftcover is also the UK's fastest growing insurer, reaching a milestone of one million policies in May 2009.

ENDS

Notes to Editors
For press enquiries please contact:
Joshua Van Raalte or Paul Beadle
Brazil (PR agency for swiftcover.com)
01865 556 000
swiftcover@agencybrazil.com

About Swiftcover:

Based in Cobham, Surrey and employing over 350 people, www.swiftcover.com started trading in June 2005 and was born out of a desire to revolutionise the general insurance market.

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. In 2008 swiftcover.com featured as the cheapest insurance quote on the comparison website moneysupermarket.com more often than any other insurer.

This powerful operating model combined with successful marketing and competitive pricing has proven to be a tremendous success. In 2008 swiftcover.com achieved over half a million live policies and in May 2009 sold their one millionth policy. They are 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.

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swiftcover.com: Part of AXA Group is authorised and regulated by the Financial Services Authority. Register no. 315373