Comparative online insurance service Quote and Buy is to add 20 insurance categories to its system this year following its launch to brokers.
Quote and Buy currently offers motor insurance quotes from ten insurers including Allianz Cornhill, Norwich Union, Zurich and Provident.
Next to go live will be home and contents insurance and there will be a further nine launches in the next few weeks, including travel, pet and student possessions.
Launches planned for later in the year include motorcycle, fleet and computer insurance.
Quote and Buy's managing director James Green said: “Insurance may be the best product for the internet because there are no delivery problems.”
Security on the system is 128bit SSL – the highest level available and the system boasts the same bandwidth as the Amazon site. Green said: “We have set it up to enable large numbers of users.”
Green said there were three stages to the company's ecommerce solution. Stage one is the establishment of a co-branded internet site offering comparative quotes and online purchasing, together with online documentation. Alterations and cancellations can also be made on the site.
Stage two is a company intranet site, which Quote and Buy claims can lead to operational savings of up to 60%. It can also increase cross-marketing opportunities.
Stage three is the web-enabling of bespoke products and affinity schemes.
The system is being promoted in a roadshow campaign which will last two months.
Places that are being visited include Bristol, Manchester, Nottingham, Leeds and Glasgow.
