Leading data company website Experian, has chosen Quotethemarket.com to assist developing a competitive panel of car insurance providers who will appear on their newly launched private car price comparison service.
Quotethemarket.com provides an outsourced panel development service allowing competitive panels of insurance providers to be built across various verticals for both personal lines and commercial insurance products and has supplied a number of household named insurance providers to the Experian panel.
Launched in May 2018, Pontypool-based Quotethemarket.com is a part of the pH Innovate group of companies who are an incubator focusing on UK insurtech sector and technology-led insurance distribution.
Quotethemarket.com’s Managing Director, Nigel Chivers said: “This is an excellent partnership for us. The fact that Experian has chosen to work in partnership with us to develop their price comparison panel of providers including large direct insurers such as Admiral is testament to the work that’s gone into developing our platform and interface.
Nigel added: “We understand the changing nature of the comparison market and we are here to help our customers build exciting customer propositions and have a number of innovative customer-centric propositions in the pipeline so what this space.”
Sheheryar Pestonji, Commercial Director – Insurance Comparison at Experian Experian said: “Quote The Market has enabled us to return multiple brands to our private car insurance panel and understood what we needed and delivered it.”
QTM is currently developing a number of innovative propositions aimed at meeting shifting customer insurance requirements including temporary insurance and multi-product comparison as they believe these market segments are currently underserved.
Nigel added: “In these unprecedented, we have already seen a shift in customer behaviour and attitudes toward their insurance needs and the propositions we have developed are aimed at finding these customers a great deal.”