DIYbanter - View Single Post - Saga Insurance

Sam Plusnet

In article ,
says...

Furthermore, are you buying the actual insurance from Tesco, SAGA, the
AA etc.? They buy in the insurance from other parties and will chop and
change on a regular basis based on which company gives the best commision.

And the "other parties" are no doubt selling the risk on to another
party. Some gnome in Switzerland is the one really taking the risk

Often Gibraltar. For some "tax efficient" reason no doubt.

--
Sam