QBE, Budget Direct scoop industry awards

A leading award ceremony has announced its Australian winners in a key insurance market as one winner was crowned for the tenth consecutive year

Insurance News

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Online research service CANSTAR has announced the national winners of its outstanding value awards in the car insurance market.

For the tenth consecutive year, Budget Direct came out on top as QBE were also crowned winners for the second straight year.

CANSTAR collate more than 24, 000 car insurance quotes and assess 63 products to determine which insurers offer outstanding value to Australian drivers and Mitchell Watson, head of research at CANSTAR, said that both QBE and Budget Direct rank highly across price and product features.
 
"Both insurers rank highly across pricing and features, providing that ideal combination of the two that we look for,” Watson said.
 
"For the tenth year in a row Budget Direct has achieved our overall outstanding value car insurance award. This is an incredible achievement and demonstrates the consistency of Budget Direct’s offering to Australian motorists.”
 
"QBE has once again proven itself as one of Australia’s top car insurers. For the second year in a row QBE has achieved our Outstanding Value Car Insurance award for Australia," Watson continued.
 
Peter Jamieson, general manager of QBE’s direct business, said that the business is proud of its consecutive awards as the business looks to provide its customers with value throughout the business.
 
"We're incredibly proud to be recognised for offering Australian motorists top value car insurance, for the second year running,” Jamieson said.
 
“There’s no doubt providing consumers with affordable cover that meets their needs is one of the most important features of insurance, and we’re always focused on how we can deliver both a great price and comprehensive product features to ensure our customers are protected.
 
“We’re so pleased to receive this award as recognition we’re continuing to create value for our customers.”
 
Ram Kangatharan, managing director and CEO of Budget Direct, said that winning the national award for ten straight years is a great achievement for the business.
 
“Winning the national CANSTAR award for outstanding value 10 years’ running is a huge honour for Budget Direct, and one which we don’t take lightly,” Kangatharan said.
 
“Budget Direct promises Simply Smarter Insurance and the award highlights this is not just an advertising line. We have an ongoing commitment to deliver great products, great value and features to our customers, providing a valuable alternative in the market.”
 
CANSTAR also announced state-by-state winners throughout Australia:
 
New South Wales – Budget Direct
QueenslandNRMA Insurance
Victoria – Budget Direct
Western Australia – QBE
South AustraliaSGIC
Tasmania – Budget Direct
 

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