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Direct Group Claim Top Prize at Employer of the Year Awards 2010

28/09/2010 10:14:26 by Marketing

 

Direct Group have been voted ‘Doncaster Employer of the Year 2010’ following a search to find the borough's best businesses and enthusiastic employers.

 

The aim of the awards is to give businesses a boost in Doncaster by highlighting their terrific triumphs and award companies which stand out from the crowd.

 

The Free Press teamed up with top recruitment firm Sewell Moorhouse to run Doncaster Employers of the Year award, which was hosted at the Keepmoat Stadium. 160 guests from some of the boroughs businesses attended the event.

 

Nigel Brewster, Managing Director of Sewell Moorhouse said “Direct Group had impressed the judges with their enthusiasm, their commitment to employee fulfilment and the desire for their organisation to be an employer of choice.”

 

Executive Director, Colin Mason said, “This recognition is a great testament for all the hard work from all of our staff. To be the inaugural winners of this awards ceremony is a great accolade for all throughout the company.”

 

Pictured above are HR Manager Chris Moody and Training Manager Claire Alderson who accepted the award together with Direct Group employees who joined the celebrations.

 

 

Notes to Editors:

Nominations were sought in six categories:

Small employer of the Year (employing between one and 30 staff).

Medium employer of the Year (employing between 31 and 250 staff).

Large employer of the Year (employing 250 or more staff).

Not-For-Profit/Public Sector Award.

Outstanding Achievement Award.

Local Impact Award.

 

1. Direct Group aims to be a leading insurance services provider to the UK financial services marketplace. This vision is based around a philosophy of “treating customers and partners as we would expect to be treated ourselves”. The high quality of service offered by Direct Group is supported by a scalable and robust business platform which not only provides Clients’ and Insurers’ with unparalleled quality of management information but also provides the basis for expansion into new products and new market sectors.

2. Direct Group currently operates on a business-to-business basis by offering products to financial institutions, corporates and affinities plus a range of services across the insurance industry. The services typically offered by Direct Group include product design, account development and training, policy administration, premium collection, claim handling, sales and service, insurer and captive reporting.

3. Direct Group Limited is authorised by the FSA no. 307332.

New BIBA products detailed within the latest ‘The Broker’ magazine.

08/09/2010 11:21:25 by Marketing

Millennium Insurance’s new protection products, Committed Payments Plan & Redundancy Cash Plan, detailed within ‘scheme’s focus’ section of the summer 2010 edition.

Protecting the payments that count

BIBA and Millennium Insurance Brokers have launched a new Committed Payments Plan designed for the financial protection of brokers’ customers in these uncertain political and economical times.

So, how does it work? Should the worst happen to customers, such as they are made unemployed, fall ill, have an accident or fatality, then protection with a Committed Payments Plan will cover those critical ongoing bills they are committed to pay for up to 12 months.

The product provides:

  • 22.5 per cent commission to the broker each year for life of the policy, paid annually up-front

  • A free standing, flexible protection plan tailored to customers’ monthly budget

  • Regular committed payments cover of up to £2,000 per month

  • Optional death benefit up to 12 times the monthly benefit (max £24,000)

  • A free-to-use practical Back to Work assistance programme, which can be used by all members of the family for job search assistance at any time

  • Legal Protection up to £50,000 to help defend your customers rights in employment contract disputes, or negotiating a settlement for bodily injury

  • Free 24 hour Help-lines giving professional confidential legal advice on personal tax matters, general health and medical issues.

But, what exactly are committed payments?

The answer is all customers’ important monthly financial commitments that are paid by regular direct debit or standing orders, including:

  • Mortgage, rent or loan repayments

  • Home improvement and/or car loans

  • Key insurance premiums for Home, Motor, Life and Protection

  • Credit card repayments

  • Utility bills including Water, Gas, Electricity and Council Tax.

In terms of flexibility, it allows customers monthly protected benefit or cover, can be changed at any time to adapt to lifestyle changes or when additional debt is taken on or new financial commitments are made. It is completely free standing and portable so can be used to protect all loans and debts from any lender, or to pay all regular occurring direct debits and standing orders.

Customers can choose from:

  • A monthly cash benefit ranging from £200 up to £2,000 a month

  • Joint or single life cover

  • Choice of “deferred ” or “excess” time periods per claim from Day 1 to 30, 60 or 90 days

  • Choice of Involuntary Unemployment and/or Accident & Sickness , with or without Life Cover

Alternatively, Millennium offers a Redundancy Cash Plan with the same practical help and assistance, but which simply pays your customer a one-off £1,000 tax free lump sum payout as a result of redundancy.

The cost depends on the benefit and type of cover the customer needs. For a benefit of £500 per month, for full involuntary unemployment and accident and sickness cost (90 day excess) and a death benefit of £12,000 with legal protection and the free back to work assistance, the customer would pay £27.55 per month – less than £1 a day. The cash plan would cost only £9.17 per month.

BIBA Committed Payments and Redundancy Cash Plans are arranged by Millennium Insurance brokers, underwritten by Jubilee Insurance Lloyd’s Syndicates 5820 and 779. The legal protection is provided by DAS Legal Insurance Company Ltd.

Quotes can be obtained and cover bound via a free to use online Trading Platform or you can telephone the BIBA Broker Support Team on 08444 124 167.

To find out more about this new ground breaking broker solution to all those PPI concerns , contact Stephen Clowes FCII MIRM, Underwriting Director, at Millennium Insurance on 08444 124 153 or email him on stephen.clowes@directgroup.co.uk

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