Gocompare.com joins BIBA
Gocompare.com today becomes one of the first, if not the first, insurance comparison web site to join the British Insurance Brokers Association (BIBA).
Gocompare.com compares insurance policies by suitability to an individuals requirements along with price, meaning that they provide clear and fair information for their users. This is something that BIBA welcomes and calls for all price comparison web sites to provide this kind of information.
Commenting on the decision to welcome Gocompare.com as a BIBA member, BIBA Chief Executive, Eric Galbraith, said: “We are delighted to welcome Gocompare.com as a member of BIBA. Gocompare.com is leading the comparison sites by helping consumers receive clearer information on the policies they are purchasing, and how they meet their needs.”
“Comparison website technology has moved ahead of existing regulations, resulting in potential detriment to consumers. We have welcomed the FSA’s recent review into this area, and it is now incumbent on all comparison sites to review their practices and ensure they are delivering the highest standards.”
Chief Executive of Gocompare.com, Hayley Parsons, said: “We are delighted to join BIBA membership. Brokers are key to the success of comparison sites and vice versa. Working with BIBA is one way that we can help protect brokers’ interests and in turn, ensure we continue to provide the best service for customers. I think it is important that comparison sites work with the bodies helping to shape our industry. I look forward to working closely with BIBA on all issues affecting the insurance market, including comparison technology.”
Gocompare.com allows you to compare home insurance, car insurance, van insurance, travel insurance, motorbike insurance and motor breakdown cover. Find the right cover and compare insurance by policy features that you require.