About Us
Company name: Text2Insure Limited.
Registered Number: 5347290
Place of Registration: England
Registered Office address: Ageas House, Tollgate, Eastleigh, Hampshire, SO53 3YA England
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 Ageas (UK) Limited.
About Ageas
Ageas UK is a leading provider of award-winning Personal and Commercial Lines insurance solutions and Life Protection insurance in the UK. Ageas distributes its products through a range of channels including brokers, IFAs, intermediaries, affinity partners and the internet as well as various wholly or majority-owned companies (Ageas Insurance Solutions, Ageas Protect, Castle Cover, Kwik Fit Insurance Services, RIAS, Tesco Underwriting and Text2Insure).
Insuring around 8 million customers and working with a range of partners, Ageas UK is recognised for delivering consistent and high quality customer experiences. In 2010 total income was £1.035 billion.
Ageas UK continues to receive strong recognition from brokers, partners, Independent Financial Advisers and suppliers, evidenced by awards won so far in 2011. Accolades include General Insurer of the Year and Business Sustainability Initiative of the Year (British Insurance Awards), Customer Care (Post Magazine Claims Awards), Motor Claims Initiative (Insurance Times Claims Excellence Awards), Best Use of IT in Insurance (Financial Services Technology Awards), and Underwriter of the Year (Protection Review Awards).
Ageas UK is part of Ageas Group (formerly Fortis Holding SA/NV), an insurance group of significant scale with 20 million customers and 13,000 employees worldwide. In 2010, the group reported a turnover of nearly EUR 18 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.
For more information about Ageas UK please visit
www.ageas-uk.co.uk
