UKs Best Online Insurance Comparison Service, insurancewide.com, Breaks New Ground This Week In A Re-Launch Of Its Website For Insurance-Seekers.

The UK’s original and still the best online insurance comparison service, insurancewide.com, breaks new ground this week in a re-launch of its website for insurance-seekers. Its promise to deliver an insurance comparison service for every type of customer sets it firmly apart from other aggregators.

The new service will guarantee accurate live prices with no surprises and a ‘buy-now’ option, the best quality insurers, a clear insurer ratings system and supportive guides for every type of insurance. Car insurance remains the largest part of the business but the service also compares every other type of insurance relevant to individuals, their families and their homes.

In addition, the site re-launch features a brand new travel insurance comparison tool. It is the only complete travel insurance comparison service in the market, providing guaranteed live prices and a guaranteed minimum level of cover and immediate buy-now links to current policies from the top travel insurers. Unlike all other travel insurance comparison services, you only fill out one form in the entire process and your details will be remembered when you revisit.

Insurancewide.com will lead the crowded comparison website field with its new promise: “Insurancewide, we’re on your side.” Launched by current chief executive James Harrison in 1999 and now in its fourth phase of evolution, Insurancewide.com believes it has thought of everything. Mr Harrison described the new site today as,“finally, the insurance comparison service you can trust.”

He adds: “This project has been two years in the making. We’ve simplified the user experience but behind the scenes we’re proud of our unmatched attention to detail. In short, we have revolutionised the way people are able to shop for insurance. We did it when we launched the very first comparison website, and now we’ve done it again. We’ve confronted all the issues that consumers face when using aggregator sites and we’ve solved them.

“We cater for the most unusual insurance requests. Whatever your history and circumstances, we’ll direct you to the right insurer, whether you’re a driver with convictions or own a 7-seater imported land rover; a long-haul adventure traveller or the owner of thatched cottage with a flood risk.”

“There’s been widespread debate about how accurate and trustworthy comparison websites can be. Many sites make false assumptions about a customer’s profile and so it’s impossible to guide them to exactly the right deal. However, we’ve developed the technology to be able to ask only the most relevant questions and to explain why we’re asking them. This means we provide a clear picture of what customers will get for their money. We constantly test our service with insurers to make sure the prices you see are the prices you get. In short, we are here to look after our customers. This includes ensuring that insurers never spam customers and or sneak in huge policy excesses.”

Insurancewide is home to an impressive distribution network supported by all major personal finance portals including Yahoo, eBay, AOL and Tiscali.

Via EPR Network
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Dubai International Capital Adds Strategic Partnership With KEF Holding To Its Portfolio Of Assets In Emerging Markets To Support Expansion Drive

Dubai International Capital LLC (‘DIC’), the international investment arm of Dubai Holding, has announced the acquisition of a 45% stake in UAE-based KEF Holding (‘KEF’) by its Emerging Markets division. KEF is an international award-winning provider of steel castings for valves and pumps serving the oil and gas, mining, industrial, and chemical industries in the Middle East, Asia, Europe, and the United States.

Sameer Al Ansari, Executive Chairman and CEO of DIC, said that, “The acquisition of KEF Holding reinforces DIC’s commitment to investing in outstanding Middle East businesses that combine strong growth potential with an experienced management team – KEF’s team have deep industry knowledge, excellent relationships within the sector and a clear vision for growth.”

Mr Al Ansari stated that he believes that KEF’s founder, Faizal Kottikollon, has in just 11 years built KEF into a significant competitor to European foundries that have been in operation for over 100 years and he pledged his full support for his strategy for sustaining an impressive growth trajectory. He continued, “As part of Dubai Holding, Dubai International Capital can access resources and relationships that are of great benefit to our portfolio companies.”

Established in 1997, KEF Holding, based in the Sharjah Hamriya Free Zone, is the holding company of its two flagship businesses including Emirates Techno Castings (‘ETC’) and JC Middle East (‘JCME’). Collectively, ETC and JCME form the Middle East’s first fully automated foundry boasting a production capacity of 36,000 tonnes per annum. KEF was recognised for its best-in-class practices, as evidenced by their award of Best Foundry in the World by Weir Clear Liquid, a division of Weir Group.

Faizal Kottikollon, CEO of KEF Holding, said: “We are delighted to choose DIC as our strategic partner and shareholder. DIC’s ability to leverage their strong relationships in our key target growth markets, mainly Saudi Arabia and India, will elevate KEF’s ready capabilities and talent. We are confident that with DIC’s market experience and guidance, KEF will be ready for an initial public offering in the near future.”

Anand Krishnan, Chief Operating Officer of Dubai International Capital and acting CEO of DIC Emerging Markets, added: “DIC congratulates KEF on creating its dynamic technology-based platform that will allow it to maximise its full growth potential and capture opportunities in new industries, products and geographies.” He further commented, “DIC is proud to complement its existing portfolio of technical manufacturing companies with the addition of KEF and will strive to add value by building synergies and relationships among all parties.”

About Dubai International Capital LLC
Established in 2004, DIC is an international investment company with offices in Dubai and London focused on both private equity and public equity, with its current CEO beingSameer Al Ansari. A wholly-owned subsidiary of Dubai Holding, DIC manages an international portfolio of diverse assets that provide its stakeholders with value growth, diversification, and strategic investments. Assets under management total over US$13 billion. DIC was named MENA Private Equity Firm of the Year in the 6th annual Awards for Excellence in Private Equity Europe 2008, organised by Dow Jones Private Equity News.

About KEF Holding
KEF Holding is the holding company of Emirates Techno Casting (ETC) and JC Middle East (JCME) based in the Sharjah Hamriya Free Zone. ETC is the flagship business of KEF Holding. ETC manufacturers precision steel castings and distributes its products to the leading market players within the oil and gas, chemical, mining, industrial, and chemical industries.

Via EPR Network
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