Barclays Insurance Company

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Barclays is best known for its high street banking presence in the UK and its famous credit card known as “Barclaycard”. In recent years however, this UK-based financial services group has grown to become one of the biggest financial operators in the world, operating in Europe, Africa, Asia and the USA. It currently services 25 million customers from over 60 different countries worldwide and is regulated and authorised by the Financial Services Authority.

In recent years, Barclays has demonstrated its willingness to broaden its product base by selling insurance products direct to the public. Extensive brand advertising and discounted insurance policies have helped this famous financial services brand grab market share and cross sell to existing banking and credit card customers.

Innovative product benefits have also helped Barclays sell insurance policies, for instance car insurance policyholders who utilise the recommended repairer service following an accident receive a free car valet before their car is returned in addition to a three year guarantee on any repairs carried out. Barclay’s home insurance cover for instance includes automatic new for old replacement subject to terms and conditions. Customers can also obtain online quotations for student possessions and travel insurance. For those who are worried about health, Barclays also offers personal accident and hospital cash plans.

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