Selection of the winners will be done on a random basis out of those who buy or renew the bank’s insurance product between October 2 and November 30, 2007. The draw will happen in mid-December and will make five lucky customers ‘Nectar Millionaires’ in time for Christmas.
Nectar points can be used to purchase treats and [...]
The company’s profit for the period increased to GBP357 million from GBP209 million reported for the same period in 2006, while operating profit before tax decreased 31% to GBP66 million. New business contribution increased 50% to GBP27 million from GBP18 million.
Embedded value increased to GBP2.33 billion, 17% more than the end of 2006 figure [...]
The move, which sees Mr MacPherson take on overall responsibility for individual pensions, reflects Scottish Life’s strategy to grow and develop the area of the business through the UK independent intermediary market.
Reporting to Ewan Smith, group product development director, Mr MacPherson and his team will be responsible for the development and promotion of Scottish Life’s [...]
Mr Whitehead joins the company from Barclays where he is currently group corporate affairs director, a role he has held since 2005. Prior to this he was group corporate affairs director for Allied Domecq before its acquisition by Pernod Ricard. Over his 23-year career Mr Whitehead has held senior and global policy, public affairs and [...]
According to the agreement, Zurich customers in Austria, Germany, Italy, Spain and the UK will be able to receive an incentive to purchase TomTom’s satellite navigation devices. Similarly, TomTom customers will gain discounts from Zurich on their car insurance.
As Zurich’s insurance products and TomTom’s navigation devices are both based on the idea of security [...]
The Financial Services Authority’s (FSA) latest review assessed whether firms had made improvements in five key areas. Improvements were found in two of these: the vast majority of firms are now making it clear to customers that payment protection insurance (PPI) is optional; and firms are now offering cancellation refunds on virtually all single premium [...]
The British insurance market has earned GBP1.8 billion in the first half of the year, compared to GBP1.35 billion in the prior-year period. This was driven by the favorable rating environment in 2006, together with the release of prior claims reserves, but balanced by the weaker, but still profitable, underwriting conditions experienced in the first [...]
As a result of the agreement, Allianz Utama will be able to offer credit insurance to its export-oriented customers, who will benefit from Euler Hermes’s expertise and technical support, including direct access to the Euler Hermes global risk database and commercial debt collection network.
In addition to providing the reinsurance capacity for the activity, Euler [...]
It follows the success of PruHealth, which uses the Vitality points system that has been designed to encourage people to take control of their own health and wellbeing and to give them the potential to manage their premiums throughout the course of their contract.
PruProtect with Vitality will provide benefits such as free fitness assessment, subsidized [...]
Quinn Direct will now include roadside assistance automatically in all of its private motor insurance policies, from September 2007, for all policy renewals and new business.
The new service will allow customers to benefit from breakdown cover at the roadside and at home while in the UK or Northern Ireland, with 24-hour access to Europ Assistance’s [...]
