Moneyexpert.com Links with COMPAREtheMARKET for Insurance

April 06, 2007 (PRLEAP.COM) Business News
COMPAREtheMARKET, the online insurance comparison service, today announced that it will provide MoneyExpert.com with a combined comprehensive motor and home insurance comparison offering.

The deal enables consumers using MoneyExpert.com, the UK’s second largest independent price comparison website, to compare motor and home insurance quotes instantly. MoneyExpert.com already offers product comparison facilities, which include credit cards, personal loans, energy suppliers and mortgages.

COMPAREtheMARKET and MoneyExpert.com share a major account as suppliers of comparison services to AutoTrader.co.uk, the UK’s number one motoring website and magazine website. Matt Munro, director of sales, COMPAREtheMARKET, said, “MoneyExpert.com offers consumers a valuable service on a variety of financial products – we have been able to complement this with a competitive home and motor insurance offering.”

“Consumers are increasingly using the internet to seek out the best deals on products, and insurance is no exception to this. Now consumers using MoneyExpert.com can expect to lower the cost of motoring and insuring their home too.”
MoneyExpert.com users will have access to over 300* leading insurance schemes such as Marks & Spencer, Zurich, Norwich Union and AXA. COMPAREtheMARKET’s advanced search-engine means that customers need only enter their details once to gain quick access to a wide range of products at confirmed prices.

Sean Gardner, Chief Executive of MoneyExpert.com, commented: “We are delighted to announce this new partnership with COMPAREtheMARKET. It will enhance our existing motor and home insurance offering and will reduce the amount of time consumers will need to spend to get a competitive quote.”

COMPAREtheMARKET was launched in 2006 by the Budget Group of Companies and currently offers car, van and home insurance with plans to extend its offering with travel, pet and life in the near future. COMPAREtheMARKET searches over 300 schemes to provide consumers with the best possible ‘actual price’ quotation. MoneyExpert.com is the first partner to offer the home insurance product as part of the wider personal lines offering.

MoneyExpert.com offers a unique service which enables people to find the financial products which best meet their specific needs and identifies products which they are more likely to be successful in being accepted for. It includes exclusive research conducted by MORI, which reveals providers service levels.

This information is married up with a financial database which lists the products suited to the customer. For the first time, people can review a products price, features and also the level of service offered by the provider to enable them to make a more informed choice.
MoneyExpert.com aims to demystify the complex world of personal finance, and to help inform customers of the choices available to them. The service can be found at www.moneyexpert.com.