Confused.com’s sister company Rastreator launches car insurance price comparison website in Latin America

• Rastreator, Spain’s leading insurance aggregator, breaks into the market in Mexico.
• It delivers quotes for car insurance prices online, and in less than two minutes.
• Rastreator is a 100% free service for users.

Confused.com’s international car insurance sister site Rastreator, tu comparador de seguros (www.rastreator.mx), has arrived in Mexico. Following the steps of its Spanish namesake, Rastreator – the leading insurance aggregator in Spain – has broken into the Mexican finance and insurance market.

The Mexican adaptation of the insurance price comparison site is in its initial beta phase << cotizador de seguros de auto >>. It allows the user to get car insurance quotes quickly, easily and free of charge from some of the leading insurers across the Mexican market. Users are able to get a quote in less than two minutes while comparing prices, benefits and guarantees of insurance coverage across different packages. The service aims to be as informative as possible, and shows policies best suited to drivers’ individual needs.

Rastreator’s new venture strives to provide transparency and objectivity to the Mexican market. It also empowers the user to make an intelligent purchase without distractions or intermediaries, direct with the insurer.

The move, which is Rastreator’s first venture in Latin American, sees the brand continue its international expansion strategy after identifying an essential need in the market. Under Mexican law, regulation requires having a car insurance policy if a vehicle is traveling on federal highways, roads and bridges. However, the uptake of car insurance is still very low, and the percentage of insured vehicles is fewer than 30% of all cars. The need for a greater uptake in car insurance and a need to shift towards digitalisation in the sector make Mexico a new big challenge for Rastreator.

Given the success of Rastreator’s business model in Spain, and the high esteem in which it is held, the entire brand has been replicated for the Mexican operation. This includes the aggregator’s enduring emblem: its faithful and honest basset hound, which searches and tracks the best insurance offers for customers.

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About Confused.com

Launched in 2002, Confused.com was the UK's first digital marketplace for car insurance and is one of the leading brands in the sector, generating over one million quotes per month. It has expanded its range of comparison products over the years to include home insurance, van insurance, motorcycle insurance, and car finance comparison, as well as a number of tools designed to save consumers money.

Confused.com is not a supplier, insurance company or broker. It provides an objective and unbiased service. By using cutting-edge technology, it has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding them great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com’s service is based on the most up-to-date information provided by UK suppliers and industry regulators.

Confused.com is the largest company in the Penguin Portals Group, which is the largest group of its kind with similar operations stationed across the world. Penguin Portals Group is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is authorised and regulated by the Financial Conduct Authority.