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Bennetts is an insurance broker, comparing prices from a panel of insurers who underwrite the insurance policy and set pricing, as well as handling claims.As an intermediary, fees are a necessary source of income to cover the costs of arranging and administering policies on behalf of customers.
Screentrade was one of the first online insurance/brokers comparison sites. 2016 marked the 80th anniversary of Devitt arranging motorcycle insurance for UK bikers. In 2017, Devitt sponsored the "As Seen From The Sidecar" team who circumnavigated the globe in 18 months raising awareness on modern slavery in their Honda scooter and sidecar.
In 2004, the company acquired the motorcycle insurance arm of The Automobile Association, helping it to increase its customer portfolio to 230,000 policyholders. [2] In December 2006, the business was sold by its founder to French insurance group Groupama for a reported £80 million. [ 3 ]
Insurance company ratings take into account a number of factors. Besides the finances, the general health and ethics of the company are also considered before rating the insurer. Some other ...
In June 2007, The Guardian reported that Moneysupermarket was processing 52% of all the price comparisons in the UK. [7] However, the reporter also pointed out that, in the case of household and car insurance, price comparison websites such as Moneysupermarket rarely include all products on the market and that price comparisons are consequently ...
Specifically, AM Best reviews a carrier’s historical financial health and strength, which may give you peace of mind if a carrier has a track record of paying claims. 4. Consider digital tools ...
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