FirstEuropa.com - your online insurance broker

First Europe Mission Statement:

 

Ci2i Insurance (Ci2i) will be the number one branded pan European commoditized online insurance broker by 2010.

Background To Ci2i Insurance

Ci2i has been established to realise a specialised & lucrative market opportunity which exists in the mainland Western Europe insurance sector selling commoditized insurance products via the internet.


Market Dynamics:

The estimate of €1 billion gross sales was split between insurers, bancassurers, brokers and affinities. The level of maturity of the online channel & the distribution mix differs significantly in each country in mainland Western Europe.

We believe that the customer’s requirements are increasing in respect of price, choice & convenience & that the customer is increasingly using the internet as a means to achieve this. Our assessment is that the independent insurance broker is the best placed of the insurance providers to satisfy the online customer needs.

Market Opportunity

The online personal lines insurance market in mainland Western Europe was estimated to be €1 billion gross sales in 2005. This is expected to grow to €15 billion by 2010. (Source Boston Consulting Group)

The opportunity exists for early adopters of internet technology to secure a significant share of the online commoditiser insurance market within each country.

 

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FirstEuropa.com - your online insurance broker