Post Office looks to sell insurance on-line

 

 

 

 

 

 

 

 

 

 

 

Journal: TWUK	Section:
Title:	Issue Date: 03/07/00
Author:	Page Number: 2
Copyright: Other

 

 

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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.