Norwich Union has been chosen to be the sole provider of motor insurance for Barclays/Woolwich retail customers.
Norwich Union has been chosen to be the sole provider of motor insurance for Barclays/Woolwich retail customers.
A panel of insurers has previously underwritten Barclays/Woolwich motor insurance but from October 1, the UK’s largest general insurer will provide the service in a three- year deal.
Graham Boffey, corporate partnerships director at Norwich Union, said: “We are delighted Barclays/Woolwich has chosen Norwich Union as sole provider of its motor insurance.
“Bringing together Barclays/Woolwich and Norwich Union will leverage the strength and reliability of two of the UK’s leading financial service providers.
“It’s great news, not just for Norwich Union, but also for Barclays/Woolwich customers, who will benefit from competitively priced products offering wide-ranging cover.”
Derek Coles, managing director at Barclays Insurance Services, said: “Barclays and Woolwich bring strong brands to their customers by joining up with Norwich Union. We look forward to working with them to provide a strong customer proposition underpinned by a competitive product for our customers.”
Media contact:
Jenny Chapman at Norwich Union on 08703 66 68 68/07775 822642 or Emma Keens at Barclays/Woolwich on 0207 699 3851
Notes to editors
- This service is available to retail customers of Barclays and Woolwich and excludes Barclaycard-only customers.
- Norwich Union is the UK’s largest insurer. In general insurance it is more than 1.5 times the size of its nearest competitor, and has a 19 per cent share of the market.
- It has a focus on insurance for individuals and small businesses. It insures:
- one in five households
- one in five motor vehicles
- more than 700,000 businesses
- Norwich Union products are available through a variety of distribution channels including brokers, corporate partners such as banks and building societies and Norwich Union Direct.
- Norwich Union’s news releases are available on the Aviva plc website at www.aviva.com
- A selection of images is available from the Norwich Union Newscast site at www.newscast.co.uk
- An ISDN facility is available for studio quality interviews. Call the press office on 08703 66 68 68
For all life and pensions media enquiries 08703 66 68 73
For all other media enquiries 08703 66 68 68