Media centre Tesco Finance & Insurance

•  2007 saw the largest increase in motorcycle, moped and scooter registrations in the last seven years*
•  Scooters cut journey times in London by an average of 48%**
More and more commuters are switching to motorbikes than ever before. Over 3.5 million are now licensed to ride a bike*** and as a result, Tesco has launched a Motorbike Insurance Finder. This is the first time a supermarket has offered such a service.
Customers just log on to www.tescofinance.com , fill in a simple form and their quotes appear in around ten seconds. Tesco searches the market to find the best deal for the customer.
The Tesco Motorbike Insurance Finder automatically quotes each rider Comprehensive, Third Party Fire & Theft and Third Party Only rates on every quote. This gives the rider a more informed choice about who to go with and how much to pay, unlike some other sites.
Tesco Motorbike Insurance Finder is able to compare more insurance policies, from more insurance brokers than any other motorbike insurance price comparison site in the world. With new brokers being constantly added, the choice for riders will grow too.
Allan Burns, head of insurance at Tesco Personal Finance, said: “Many people find their journeys are quicker, cheaper and more eco-friendly by motorbike – which is why we are seeing growth in their popularity.  Our customers told us they wanted help in choosing their insurance and our Motorbike Insurance Finder does the hard work for them.”
The site is run in partnership with website ‘The Bike Insurer’, allowing Tesco to bring consumers the best motorbike insurance deals available.

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For further information, please contact:
Matthew Dransfield
Tesco Personal Finance
Tel: 0131 523 9001

Nicola McGowan
Tesco Personal Finance
Tel: 0131 523 5533

Greg Dawson
Haggie Hepburn
Tel: 0207 334 7777

Notes to Editors
Tesco Personal Finance has made arrangements with Bike Insurer Services Limited to promote Tesco Motorbike Insurance Finder and introduce customers to Bike Insurer Services Ltd for motorbike insurance.
Figures come from the Motorcycle Industry Association. (http://vocuspr.com/VocusEU/Url.aspx?517938x7804x-97242)
* Motorcycle industry association 2007 year end registrations
** Motorcycle industry association “SMART” guide
*** MCIA / DVLA vehicle licensing
The Tesco Motorbike Insurance Finder service is provided by Bike Insurer Services Limited , 12 Great James Street, London WC1N 2DR and are authorised and regulated by the Financial Services Authority.

Tesco Personal Finance
Tesco Personal Finance Limited is a joint venture between The Royal Bank of Scotland plc and Tesco PLC. Tesco Personal Finance Limited. Registered in Scotland No. 173199. Registered Office: 24 St Andrew Square, Edinburgh, EH2 1AF.

Tesco Compare
Tesco Personal Finance Compare Limited is a part of the Tesco Personal Finance Group, a joint venture between The Royal Bank of Scotland plc and Tesco PLC. Tesco Personal Finance Compare Limited. Registered in Scotland No.SC318925. Registered Office: 24 St Andrew Square, Edinburgh EH2 1AF.
Authorised and regulated by the Financial Services Authority