| Journal: TWUK | Section: |
| Title: | Issue Date: 03/07/00 |
| Author: | Page Number: 2 |
| Copyright: Other |
Post Office looks to sell insurance on-line
THEPOST Office is aiming to take a larger slice of agents’ travel insurance sales with a new Web site that allows customers to book on-line.A spokeswoman for the company would not reveal sales targets but admitted the aim is to take business from other travel insurance outlets.
The Post Office has grabbed a 5% share of the travel insurance market.
“We see launching on-line as a way of getting our product to more people,” she added.
The Post Office is also offering currency exchange on-line but she denied its ambition is to sell holidays on the Web.
To encourage insurance sales, the Post Office has discounted its annual policies by 10%. The reduction brings the cost of an individual multi-trip policy to £54 for Europe and £95 for worldwide cover.