Aviva and Tesco clinch life insurance deal
by Gill Montia
Story link: Aviva and Tesco clinch life insurance deal
Aviva has announced an exclusive five-year deal with Tesco Bank to provide life protection products for its UK retail customers. To be launched later this year, the deal involves the sale of Aviva’s core protection products including life insurance and critical illness cover. Products will be available online via Tesco Bank or over the phone [...]
Most trusted car and home insurers revealed
by Gill Montia
Story link: Most trusted car and home insurers revealed
Thisismoney.co.uk has named the UK’s most trusted financial providers, based on a poll of 5,000 of its readers. According to the financial website, firms providing savings accounts, current accounts, mortgages and car and home insurance have all been evaluated on the basis of trustworthiness and customer service. In all but one category the same provider [...]
Tesco and Fortis complete partnership
by Richard Kilner
Story link: Tesco and Fortis complete partnership
Tesco Personal Finance Plc (TPF) and Fortis (UK) Ltd have formalised their partnership to provide motor and home insurance. The deal was first announced in June, with Fortis replacing RBS-owned UKI Partnerships, the former partner of Tesco. Under the agreement Fortis will provide underwriting expertise and claims management with Tesco handling retail pricing, sales and [...]
Tesco Personal Finance to open Glasgow call centre
by Gill Montia
Story link: Tesco Personal Finance to open Glasgow call centre
Tesco Personal Finance (TPF) looks set to move its insurance operations to Glasgow and is expected to announce plans to create up to 800 jobs in the city. According to reports, a new customer service centre is scheduled to open in 2010 at Broadway One in central Glasgow, part-funded by a £5 million Scottish Government [...]
Fortis secures Tesco contract
by David Masters
Story link: Fortis secures Tesco contract
Tesco’s motor and home insurance policies are to be underwritten by Fortis following a partnership agreement between the two firms. The deal is set to create up to 1,500 UK jobs, with premiums sold by Tesco worth an estimated £500 million per year. Fortis will replace RBS-owned UKI Partnerships as Tesco’s insurance partner if the [...]
Fortis tipped for Tesco insurance deal
by David Masters
Story link: Fortis tipped for Tesco insurance deal
Belgium-based Fortis has emerged as leader of the pack of insurers vying for the contract to manage Tesco’s motor and home insurance businesses. According to the Telegraph, Fortis is in ‘advanced’ talks to agree an insurance partnership with the UK’s largest retailer. Tesco admitted earlier this week that it is reviewing its long-standing insurance arrangement [...]
Tesco launches car warranty scheme
by Gill Montia
Story link: Tesco launches car warranty scheme
Tesco Personal Finance has expanded its car insurance offering with a new warranty scheme. Tesco Car Warranty aims to help spread the cost of car ownership by paying out on certain repairs. To qualify, a vehicle needs to be under ten years old and have less than 100,000 miles on the clock. Premiums start at [...]
