RealTime IT News

Freeserve to Launch

Freeserve, in conjunction with three partners including content provider, is preparing to launch, the UK's first one-stop shop for a wide range of personal insurance services.

It is expected that will launch in October, with the goal of becoming the top insurance channel in the UK. It plans to expand during 2000 to offer a much wider range of general insurance services.

GlobalNetFinancial, which already operates Freeserve's, will own 26 per cent of the joint venture. Other partners are Cox Insurance Holdings and Harrison Son Hill & Co.

"We are particularly excited about as we have the ability to roll it out across Europe in conjunction with our pan-European expansion of financial sites," said Stanley Hollander, president of

In the UK, will display instant quotes from a panel of leading UK insurers, including Lloyd's and other household names as Norwich Union, Royal Sun Alliance, Cornhill, Zurich and AZA., which is 27 per cent owned by its strategic partners, is emerging as a leading supplier of financial news and information, with a strong European presence. It recently signed an agreement to provide financial web sites for all the current and future World Online International Internet portals.

" is another example of GlobalNetFinancial's ability to provide e-commerce, transaction-based execution services, in conjunction with unique financial content," observed Stanley Hollander.

Freeserve, which this week confirmed it will be among the first UK ISPs to experiment with ADSL connectivity, had 1.32 million active registered accounts as of June 26 this year.