Norwich Union Appoint Direct Group for Hamilton Insurance Contract
22/02/2008 09:00:00 by Marketing
Direct Group is pleased to announce its appointment as Administrator to handle the policy and claims administration on the Hamilton Insurance contract that was acquired in November 2007 by Norwich Union. The deal involves the transfer to Direct Group of over 300,000 policies. Direct Group will provide services including run-off on the range of insurance lines that Hamilton currently offer, including household, creditor and personal accident.
Derek Coles, Chief Executive Officer of Direct Group, commented “This is a prestigious contract for Direct Group which reinforces the successful and long term working relationship we continue to have with Norwich Union. Furthermore it demonstrates Direct Group’s ability to handle scale and capacity, illustrating to the market that we can implement and deliver business projects of this size and nature.”
For more information please contact marketing@directgroup.co.uk
Direct Group Strengthens Position in Brokered Secured Lending & Mortgage Arena
21/02/2008 08:41:38 by Marketing
Direct Group has strengthened its position in the secured lending and mortgage broking market with another major client win. With this new contract secured, valued at circa £75m GWP, it means that Direct Group are currently working with the three main players in the brokered secured loan and mortgage market.
As Managing General Agent, Direct Group will provide all administration services, including policy sale capture, policy fulfilment, through to premium distribution, claims handling and the creation of management information.
Derek Coles, Chief Executive Officer, commented “This is another major win for the company and really establishes Direct Group at the forefront of insurance services for the brokered secured lending and mortgage arena.”
For more information please contact marketing@directgroup.co.uk
