British supermarket chain Asda, a subsidiary of US giant Wal-Mart, is hoping to keep up with sector rivals by offering an extended range of new financial services, including motor insurance, by the end of the year.


Asda has already been in discussions with insurers over the possibility of selling car insurance through its 245 supermarkets in the UK, according to Insurance Times magazine.


A spokesman from the company said: “We would be looking to make some announcements by the end of the year.


He insisted, however, that “we have made no commitment to particular areas of financial services”.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.