Legal & General join Gocompare.com home insurance panel.
07 June 2011
Essentials is designed to offer affordable good quality insurance cover, which may be an option for customers with less complex insurance requirements, such as; people renting, those just starting on the property ladder and young families. Extra provides customers with more comprehensive cover and a wider degree of choice, so more suitable for those who have invested in their homes and built up possessions over a period time.
Both products were designed following consumer research which showed that more than ever, consumers want more choice so they are able to arrange the appropriate level of cover for their needs.
Mike Lawler, Direct & Affinity Director at Legal & General’s general insurance business said; “We’re very pleased to be working with Gocompare.com, being part of their well recognised service to consumers allows us to reach more potential customers. We understand that everyone has different insurance needs and we offer customers the ability to arrange home insurance cover that actually suits their particular requirements. In addition, customers have the reassurance that comes with the Legal & General brand, for outstanding service and value.”
Phil Paterson-Fox, head of home services at Gocompare.com, said; “Gocompare.com’s aim is to enable customers to find the right product at the right price, by working with a wide range of insurance providers and financial services organisations. Legal & General has a great brand and their range of policies show that they really understand what our customers have come to demand and trust us to deliver. We believe they are an excellent addition to the Gocompare.com panel and their customer focused approach and commitment to excellent service will be a hit with our customers.”
Notes to editors
Source: for research: In developing the Essentials and Extra products the following independent research was conducted to ensure we are providing our customers with products to suit their needs:
Q1 2009 - Attitudes to home insurance (customer focus group), Gusto
Q2 2009 - Analysis of the home insurance market (desk research); GFK
Q4 2009 - Value proposition (customer focus group) ; Gusto
400 relevant age group category people were involved in the focus groups.
1. The information contained in this press release is intended solely for journalists and should not be used by consumers to make financial decisions. For more information on Essentials and Extra please visit www.legalandgeneral.com/home-insurance or by calling 0800 0279833. We may record and monitor calls. Lines are open 8am to 8pm Monday to Friday and 9am to 5pm Saturday and Sunday. Alternatively, consumers should speak to their insurance adviser to check they do have adequate cover in place.
2. Legal & General Insurance Limited is authorised and regulated by the Financial Services Authority (FSA).
3. Issued by Legal & General Insurance Limited.
For more information please contact:
t: +44 (0) 1737 375369
m: +44 (0) 7788 926790
About Legal & General
Founded in 1836, Legal & General is one of the UK’s leading financial services companies.
As at 31 December 2010, they had over seven million customers in the UK with life assurance, pensions, investments and general insurance plans which are available through corporate partners, intermediary partners, brokers and advisers as well as directly.
Legal &General was recently voted Best General Insurance Provider, by advisers as part of Mortgage Strategy Awards 2011.
About Go Compare
Gocompare.com launched in November 2006 to help people find the right insurance cover at the right price. It was founded by Hayley Parsons who has worked her entire career in the insurance broking and aggregator markets and was the first comparison site to focus on displaying product features rather than just listing prices. It was this philosophy that led to Gocompare.com becoming the first price comparison site to be invited to join the British Insurance Brokers Association (BIBA) in May 2008 and helped force older comparison sites to change their ‘quick quote’ ways and stop using assumptions to calculate estimated figures.
Today, Gocompare.com provides one of the most comprehensive online car insurance comparison services in the UK as well as comparing home, pet, motorbike, van insurance and breakdown cover.
Gocompare.com is authorised and regulated by the Financial Services Authority.