Revolut to sell AIG car insurance, may be closer to launching mortgage loans 

The company is initially offering the AIG insurance products to a selection of its customers.

Speaking late last year, Revolut chief executive Nik Storonsky had pledged to offer home loans at some point.

Financial payments app Revolut has launched an insurance intermediary, selling AIG car insurance in the Republic, in a long-mooted move that may signal it is getting closer to executing other tentative plans, including offering mortgage loans in its own right.  

The company is initially offering the AIG insurance products to a few thousand of its customers, and will then roll out the service more widely, in a campaign that appears to be targeting younger buyers of car insurance.