Tokyo Market News: investment market news from the Nikkei and Topix indices
Tokyo Market News: investment market news from the Nikkei and Topix indices

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    January 3, 2007

    Mortgage Brokers and insurance

    Filed under: Companies

    The internet has offered a boom for brokers of financial products - loans, insurance, and mortgages. No longer bound by bricks-and-mortar costs, the internet has offered low-cost access for brokers to financial consumer markets.

    The financial sectors that brokers have targeted varies from generic financial sectors - such as Mortgage broker services, to more niche areas, such as Students Car Insurance.

    The traditional markets of insurance have especially benefited from the wider encroachment of brokerages - making financial products from a wider variety of financial providers, much more accessible.

    Key to this is the actual need for financial services, such as basic insurances as building and contents insurance in the range of home insurance services - to the higher end financial products such as Secured Loan lending services.

    The overall result is a win-win situation across the financial sector as they adapt online and to the new age of customer relations that the internet brings.





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