November 9, 2005

LOWER PREMIUMS FOR GOOD DRIVERS WITH BUDGET DIRECT

National car insurance provider Budget Direct has hit a favourable cord with the driving public with its competitively priced policies and exceptional service.

Budget Direct CEO, Michael Weston comments, "our policies are pitched squarely at low risk drivers, with the offer of lower premiums as a reward. Our sophisticated underwriting allows us to pinpoint risk and we tailor our premiums accordingly."

Advanced technology developed by Budget Direct, allows for high level data analysis, resulting in cost savings that are passed on to customers in the form of lower premiums.

Budget Direct's competitive edge is strengthened by a sophisticated voice and image capture and recording system that is entirely paperless. "Customers can be guaranteed a hassle-free service with no paper work to fill in throughout any process. All our services including general enquiries, sales and claims are handled quickly and efficiently over the phone," said Mr Weston.

Budget Direct's parent company A&G Insurance Services Pty Ltd sold its first Australian policy in September 2000 and now sells over 4,000 policies each week.

Budget Direct policies are underwritten by an Australian insurer, Auto & General Insurance Company Limited. The company forms part of an international insurance group with more than 20 years worldwide experience in car insurance. The group administers 3 million customers internationally, with a premium income in excess of A$1 Billion annually.