/24-7PressRelease/ - LONDON, UK, June 10, 2007 - Last year's offer saw Barclays shake up the home insurance market by guaranteeing to beat competitors' renewal quotes or drop the price by up to 100 and give customers 50 when they switched to Barclays. The deal proved to be so popular that many other home insurance providers soon followed with their own versions of the offer. This year Barclays looks set to be leading the market again with the renewal guarantee.
Mark Till, Marketing Director for
Barclays Insurance, said: "In only our second year in the market we have managed to once again shake up the
home insurance industry which is great news for consumers."
He continued, "After the launch of last year's price guarantee many of our competitors had to copy the offer to keep up and we fully expect the same to happen following the launch of our renewal guarantee this year."
Barclays has launched its latest and most competitive offer for
home insurance to date. Following on from last year's groundbreaking price guarantee offer Barclays will now go one better and also give customers a cheaper quote in their second year.
About Barclays
Barclays PLC is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services, and is one of the largest financial services companies in the world by market capitalisation. Operating in over 50 countries and employing 123,000 people, Barclays move, lend, invest and protect money for over 27 million customers and clients worldwide. With over 300 years of history and expertise in banking, Barclays PLC has six major businesses.
UK Banking delivers banking products and services to over 14 million retail customers and 780,000 businesses in the UK.
Barclaycard is one of the leading credit card businesses in Europe, and has 9.8 million UK customers and 6.4 million international cards in issue.
Barclays International Retail and Commercial Banking operations have over 2 million international clients, in geographies which currently include France, Spain, Portugal, Italy, India, Africa and the Middle East. Absa has an additional 8.3 million retail customers in South Africa.
Barclays Capital, the investment banking division, provides corporate, institutional and government clients with solutions to their financing and risk management needs.
Barclays PR contact:
Emma Austin
Retail Banking PR Manager
Barclays
1 Churchill Place
London
E14 5HP
+44 (0)20 7116 6145
http://www.barclays.co.uk/---
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