Aldi says no insurance plans ‘at this stage’

 In Aldi, Australia, Coles, NewZealand, Woolworths
Discount supermarket Aldi says it is not looking into selling insurance "at this stage", amid speculation it will join the big chains Woolwoths and Coles in selling car insurance.
Australia’s car insurance industry has been described as one of the world’s most profitable because two companies – IAG and Suncorp – have more than 70 per cent market share.
Coles and Woolworths for several years have been seeking to exploit its huge customer numbers by selling insurance.  Sydney Morning Herald – Read more…

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