Hertfordshire, UK (PRWEB UK) 31 July 2013
Elaine Scott, Partner of the business click2protect who own the car2cover brand said, We are delighted with our performance to date this year and the prospects for the remainder of the year look extremely positive and we will certainly be achieving some challenging annual objectives we set ourselves at the start of the year
When businesses succeed despite increasing competition and tougher compliance and regulation, its interesting to find out how and why some businesses overcome adversity and others fail. Scott responded, We have been flattered to have been copied by many of our competitors for the last 7 years and it would have been easy to join in with the senseless price war. We are fortunate to have more about us from a business acumen point of view and our customers continue to buy because they see value in the trust they have in a 7 year old brand, the reassurance they get from dealing with a directly FCA authorised business and the comfort in knowing they are speaking with the original and most experienced on-line provider .
It would certainly appear that motor dealers are increasing their focus and intensity on Gap Insurance and other supplementary insurance sales to overcome their dwindling profits from the sale of cars and this is providing increased sales opportunities for the on-line market.
With such optimism in the sales forecasts of motor dealers and on-line gap insurance providers such as car2cover, the foreseeable future certainly looks healthy but what conclusions can we draw from the recent FCA focus on the sale of these products.
We have recently been working closely with the Financial Conduct Authority in their extensive study into the sale of what they refer to as add on and stand alone insurance products and we hope to see other providers make significant improvements to their retailing practices for the benefit of the consumer as a result of this market research said Scott.
http://www.car2cover.co.uk provide a wide range of market leading Gap, Tyre, Scratch, Dent & Alloy Wheel insurance with a range of additional supplementary insurances being introduced in the second half of 2013.
For more information about car2cover or their range of Gap Insurance and Tyre Insurance products, call 01438 728959 or email mail(at)car2cover(dot)co.uk.