InsureandGo is the web’s favourite travel insurer. That’s the claim it can now make following the phenomenal growth it achieved in 2003.
Last year saw the company double its turnover from £7million in 2002 and it is set to achieve even more in 2004 with a target of £22million.
James Richardson, InsureandGo’s managing director, says: “Achieving a turnover of £14million in 2003 is an outstanding result. It means we are certainly one of, if not the, fastest growing direct travel insurers within the sector. And with 10,000 unique visitors per day to our website, and 50 per cent of our sales being made online, we certainly believe we are the web’s favourite travel insurer.”
InsureandGo, which is based in Braintree, Essex, was set up in 2000 and stakes it’s success on its stripped down sales process, easy to use website, first class customer service and its wide range of travel insurance products which all offer instant, high value cover at the lowest prices.
Apart from its growth ambitions, 2004 is set to be an exciting year for the travel medical insurance specialist as it will be expanding into other insurance areas and launching several new products over the coming months.
First to launch will be InsureandGo’s Car and Home Insurance products. To enable InsureandGo to enter these new markets effectively, the company has bought a significant stake in CIG Services Ltd, a car and home insurance specialist that has been in operation for over 20 years.
James said: “While we go from strength to strength on the travel side, expanding into other areas is the natural progression for InsureandGo. By joining forces with CIG Services Ltd we will now offer consumers a dedicated team providing highly competitive cover coupled with knowledgeable and efficient service - everything the InsureandGo brand stands for.”
Mark Norton, director of CIG Service Ltd, said: “We are delighted to be working in partnership with InsureandGo to assist such a great brand expand its product offering while at the same time growing CIG to be a major player within our industry.”
InsureandGo’s Car and Home Insurance launches on 1 March.
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