Ireland Car Insurance

Automotive Corner's: Affordable Car Insurance in Ireland





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Australia Post to offer car, home insurance

Australia Post has announced it will expand into the insurance market, offering car insurance with further plans for travel, home and contents insurance by the end of the year, including possible offerings for SMEs.

The announcement comes after postal organisations in several countries including France, New Zealand, Britain, Japan, Singapore and Ireland have introduced similar proposals. Currently, about 2% of British cars are insured by the country's postal service.

Australia Post says it will offer "competitively priced" car insurance via a phone service and online, with the service offering a life-time guarantee on all repairs and an option for accident car hire.

The service will be set up as a joint venture with Auto and General Insurance Services, and will see it compete with larger companies such as Suncorp and QBE Insurance.

But spokesman Alex Twomey says Australia Post expects success by marketing the offering with an emphasis on its iconic brand. Currently, Australia Post handles 117 million transactions worth $83 billion each year and handles financial services transactions for 75 companies.