Thursday 9 August 2012

Car hire excess insurance market in Europe and USA to be expanded by Halo Insurance

The Insurance Times.co.uk reported last Thursday that Halo Insurance the company behind the very successful iCarhireinsurance brand is toexpand into the car hire excess insurance market in western Europe in October and in the US next year.

Halo was started over three years ago by Ernesto Suarez  and it has grown very quickly offering car hire excess insurance products and van hire excess products.

At present the icarhireinsurance car hire excess insurance products are available for European residents of the EU and US and Austalian citizens, who can buy European and Worldwide Excess insurances, but not the other policies.

According to the Insurance Times report the company plans to increase its product range with add-ons to its current offering and a travel insurance product that will go live in 2013. (Full article here)

The company won the Insurance Times Broker Innovation of the Year 2011 Award. They also have commissioned YouGov to carry out consumer surveys.  

The company now has a customer base of 175,000. Product range includes car hire excess insuramce, car club excess insurance and van hire excess insurance. The Van hire excess insurance also covers  minibuses with up to 9 seats.  A daily car hire excess policy for Europe costs £2.99 a day and £3.99 for worldwide.

Find out more about iCarhireinsurance.com  by following this link  

1 comment:

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