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Couple become 100,000th Home Insurance Policy Holder with Castle Cover

Couple become 100,000th Home Insurance Policy Holder with Castle Cover











Poole, United Kingdom (PRWEB) February 24, 2008

The local Poole firm Castle Cover only started trading in July 2006 offering buildings, contents and house insurance now boast a wider portfolio of insurance based products for the over 50’s including car, travel, and pet. From the start they have gone from strength to strength offering fantastic products and excellent customer service for their over 50’s customers. As previously reported they were recognised as the fastest growing home insurer in the UK during 2007.

Mr & Mrs Baxter from Wareham became the 100,000 policy holder and said, “The staff were very friendly and helpful, giving us expert advice on our buildings and contents cover. We saved £70 and have fantastic cover; we will definitely recommend Castle Cover to all our friends.”

Managing Director Andrew Marchington said “It is phenomenal how much we have managed to achieve in such a short time and we are looking forward to our next 100,000 policy holders which is well on target in the next two years. We now employ over 200 people in Poole which is brilliant for the local economy and are looking to recruit further in 2008.” For details of vacancies please go to http://www.jobspoole.com

Castle Cover launched on 31st July 2006 as a new entrant in the ever growing over 50’s general insurance market. Castle Cover is the third major brand within the fifty plus insurance market

Castle Cover is led by well-known industry expert, Andrew Marchington and is backed by HSBC Bank and Asset Ventures Ltd., part of the family investment vehicle that controls Primary Group, the Bermuda based insurance distributor.

Castle Cover will hit a turnover of £100m and sign up over half a million customers by 2011.

Castle Cover has the advantage of launching with a blue chip panel that includes AXA, RSA and AIG giving a great advantage in neither being tied to one supplier, nor owned by an Insurer.

Marchington does not believe the over 50’s have had a good deal on Insurance and therefore believe Castle Cover will carry on their rapid success within the market place. The over 50’s are more likely to be careful with their homes and possessions and less likely to exaggerate or make up home insurance claims, making them low risk.

Castle Cover is based in Poole, Dorset, United Kingdom where over 400 jobs will be created by 2011 and offer a UK based customer services.

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British Householders Overpaying on Home Insurance by

British Householders Overpaying on Home Insurance by £1.3 Billion per Year, Says Confused.com











Cardiff, UK (PRWEB) April 1, 2009

British householders are overpaying on home insurance by a staggering £1.3billion every year, according to Confused.com.*

Despite having discovered how easy it is to compare products and prices online for car insurance, and making substantial savings by doing so**, consumers are not applying the same approach to their home insurance.

Confused.com found that, in 2008, just 7% of motor customers, who were also homeowners, checked to see if they could find a better deal online for their home insurance; leaving a whopping 93% who did not apply this savvy shopper logic to their home insurance.

The average saving on home insurance for Confused.com customers was £185 in 2008, suggesting that many homeowners could, very simply and quickly, save themselves money and ensure that they continue to have a home insurance policy that suits their circumstances.

Darren Black, head of home contents insurance at Confused.com, says: “Almost 44% of UK homeowners have not reviewed their home insurance policies in the last five years, yet 65% of motorists say they have used comparison sites to ensure they get the right deal for their car insurance. *** It is unlikely Britons care more about their cars than their homes – but they could be a little too trusting that the home insurance policy they took out several years ago is still the right policy at the right price.”

Confused.com also warns that homeowners who are not checking their house insurance policies on a regular basis could also find that their policies are no longer suitable for their circumstances. This could cost them if they realise too late; specifically when they come to make a claim. As a general rule, it pays to check any insurance policy on a regular, or at least on an annual, basis. That way, consumers are unlikely to receive any nasty surprises when they least need them.

*Assumptions use – 44% (source Mintel) of 16 million homeowners, who have not reviewed their home insurance, in the UK multiplied by average home insurance saving by Confused.com customers in 2008 of £185.25

**Source: Confused.com – average saving on car insurance for confused.com customers in 2008 was £206.16

*** Mintel Home Insurance report, 2008 and Mintel Aggregator report, 2008

For further information please contact:

Press office, Confused.com: 02920 434 398

Joanna Harte/ Gug Kyriacou, Polhill Communications: 020 7655 0550

Notes to editors

About Confused.com:

Confused.com is one of the UK’s biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include home insurance, contents insurance, travel insurance, pet insurance, van insurance, motorbike insurance, breakdown cover and energy, as well as financial services products including credit cards, loans, mortgages and life insurance.

Confused.com has a panel of 60 home insurers – its typical customer saves £185.25**** on their annual home insurance policy.

Confused.com is not a supplier, insurance company or broker. It provides a free, objective and unbiased comparison service. By using cutting-edge technology, it has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding them great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com’s service is based on the most up-to-date information provided by UK suppliers and industry regulators.

Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.

**** Based on the average customer savings made in 2008.

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Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.







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