DirectAsia.com aims to make it the most competitively priced motorcycle insurance in Hong Kong with a best price guarantee promise attached to it.
This aims to give bikers a reimbursement of the price difference if they’re able to find cheaper motorcycle insurance elsewhere.
The innovative insurer which began operating in Hong Kong in 2012 has already made significant inroads into the insurance world with its car and travel products. And it is hoped that the launch of its motorcycle insurance will signal yet another success for them.
Nicholas Faquet, CEO of DirectAsia.com Hong Kong, said:
"We’re delighted to be able to offer motorcyclists cheap insurance. We’ve had major success with our car and travel insurance products and it seemed only natural that we should extend our product line to include motorcycle insurance.
"We understand that motorcyclists don’t want to pay big premiums but they want the peace of mind that they’re properly protected on the roads. With our new motorcycle policy motorists can choose the level of protection that suits their needs and they can rest assured that they’re getting great value for money as well as great service.
Motorists can choose from Comprehensive, Third Party, and Third Party Fire and Theft. The simplicity of the product makes it easy and fast to buy online. “We don’t use insurance jargon and our products are all very straight-forward which makes them perfect for purchasing online,” said Faquet. The direct to consumer business model also means customers are not paying agents’ fees or commission, which can amount to savings of up to 40 % on premiums.
The innovative insurer believes its testimonies from customers has played a major role in its success story. Faquet added: “Our testimonies speak for themselves. Our customers are telling us that they come to us to get a great price and they’re staying with us and renewing their policies because of our great service. When people read that about a company it speaks volumes.”