Motor Insurance in the UK
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- Motor Insurance in the UK
- Published September 2nd, 2008
- Car Insurance
Motor Insurance
The motor insurance market place has developed dramatically over the years and quite radically since the intervention of the internet. For some of us the days of the high street insurance broker were the not so distant past and then for the next generation came the years of the call centre.
The birth of the call centre in mass volume sales has without a doubt to be attributed to the success story of Direct Line insurance who revolutionised motor insurance in the UK. Their fantastic business model was adapted by thousands of companies and from the mid eighties the call centre mentality became the norm.
The call centre heydays are gone and a new kid is on the block in the form of the internet. The accessibility of this media means those shopping for motor insurance have a mind blowing gateway to information beyond their wildest dreams.
Online Motor Insurance
The integration of price comparison companies has taken the quotation of car insurance and the ability buy motor insurance easily online to a whole new level. Great news for the direct underwriters and car insurance companies but is it really good long tern news for the traditional insurance broker, time will no doubt tell.
