Monday, September 26, 2005

Trafalgar launches “10 minute” Online car cover on the Rock

Ibex, the Gibraltar-based insurance company with Lloyds’ of London links, which since its inception four years ago has gained nearly 60,000 expatriate clients on the Costas and in the Algarve officially launched its on-line subsidiary Trafalgar Insurance Brokers at a function in Casemates on Thursday evening.

Trafalgar which is to provide a “walk-in” and on-line insurance service for residents on the Rock has already issued more than 150 policies according to its manager Bill Pisani, who has spent the past 20 years in the Rock’s rapidly growing insurance sector.

Ibex managing director John Harrison believes that its on-line system - introduced last October and using software specially developed for the firm by a Dublin company over a 16-month spell - which Trafalgar will share will allow clients to obtain quotes for, take out and pay for motor or home cover in less than 10 minutes.

“Though Trafalgar Insurance Brokers will provide facilities for walk-in customers, it will be particularly useful for professionals who are pushed for time – bankers, lawyers, trust company people,” Harrison explains. “They will be able to call up our web site and after filling in a few details will be able to choose the policy that fits their needs and the premiums which suit their pockets. “They will be able to print out their policy and arrange immediate payment and cover in less than 10 minutes,” claims Harrison.

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