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About Us

Company name:
 Text2Insure Limited.

Registered Number: 5347290

Place of Registration: England

Registered Office address: Fortis House,Tollgate,Eastleigh,Hampshire SO53 3YA

The Company

Text2Insure was founded in 2004 by two entrepreneurs – Nicholas Thurlow and Malcolm McLean.

Our technology and business process provides a simple but effective way for prospective customers to obtain a quote and cover for simple insurance products by using existing mobile phone SMS text capability and WAP.

We currently have applications for travel, motor and claims but are constantly looking to extend our product portfolio and broaden our partnership base.

The Market

The emergence of SMS as a communication and latterly transactional channel has been exponential.. Industry estimates project that UK users will soon be sending over 100 million texts each day. As mobile becomes an ever increasing part of all our lives we see an opportunity to provide an ever increasing number of consumers with a simple and effective way to transact simple insurance.

“Mobile has a generational advantage - millions of young people see their mobiles as almost an extension of themselves”

Peter Erskine CEO O2 - October 2005

Research* by Text2Insure reveals that 8.59 million people with mobile phones would consider buying insurance via a text messaging service and that 4.99 million expect to have done this over the next three years.

*795 mobile phone users were interviewed by market research company TNS between 20th and 22nd May 2005

Our Vision

For the Text2Insure process to become the preferred way (for mobile phone users) to obtain ‘quote, cover and reassurance ’ for simple insurance products. We are constantly working to develop and enhance our proposition to ensure that the our service is not just accessible but can be delivered in the way individual mobile users prefer.

Management Team

Nicholas Thurlow – (Co-Founder) Director - Marketing
• 12 years experience in international advertising and marketing agencies with a further 10 years expertise in front line commercial roles working with major FTSE 100 customers and partners. Founded and developed a leading edge software business, focussed on the financial services market. More recently Nicholas has held executive board responsibility for marketing and commercial development within software and outsourcing businesses.

Malcolm Mclean – (Co-Founder) Director - Operations
• Formerly Managing Director of a successful Internet affinity marketing business and with 7 years experience in the design and delivery of interactive Internet applications.
Malcolm has extensive experience of negotiating and delivering strategic partnerships with commercial and affinity partners both in the public and corporate sectors.

The Bigger Picture

Text2Insure is part of Fortis UK.

About Fortis

Fortis (Insurance UK) is a leading provider of award-winning personal and commercial lines insurance solutions in the UK.  It has two main divisions, providing both non-life and life products, which are distributing through a range of channels including brokers, IFAs, intermediaries, affinity partners and the internet as well as various wholly or majority-owned companies (RIAS, Fortis Insurance Solutions, Kwik-Fit Insurance Services, Affinity Solutions, Tesco Underwriting, Text2Insure and InsureTECH Systems).

Insuring around 7.6 million customers and working with a range of partners, Fortis is recognised for delivering consistent and high quality customer experiences.  In 2009, despite severe weather impact, its non-life Gross Written Premium was £805 million and its profit before tax and interest was £29 million.

In 2010 Fortis won four British Insurance Awards; ‘Customer Care (for Age Concern partnership)’, ‘Claims Initiative of the Year’, ‘The Technology Award’ and ‘Personal Lines Broker of the Year’. In addition Fortis is a six time winner of the Insurance Times ‘Motor Insurer of the Year’ (2001-03, 2005-06 & 2008), and was the first ever general insurer to win the Incisive Media ‘Gold Standard for Insurance’ in both 2008 and 2009.

Fortis is part of Ageas Group (formerly Fortis Holding SA/NV), an insurance group of significant scale with 20 million customers and 11,000 employees worldwide.  In 2009, the group reported a turnover of EUR 16 billion.  Fortis Holding rebranded to Ageas in May 2010 reflecting its status as a stand alone international insurance group, following the disposal of it banking assets in 2009.

Fortis rebranding in the UK

In the UK, Fortis will rebrand to Ageas in a controlled way over a period of time with the plan to complete the process by Q1 2011.  The proposed change of name does not affect Fortis customers or their policies in any way.  Over time, policy documentation and other communication will change but it will not impact its customers' cover.

For more information about Fortis (Insurance UK) please visit www.fortis-uk.com


© 2008 Text2Insure

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