You are here: Home - News -

Norwich Union wins contract to supply insurance to SBS

by:
  • 21/05/2003
  • 0
Norwich Union has won a contract to provide household and creditor insurance to the Scarborough Buil...

Norwich Union has won a contract to provide household and creditor insurance to the Scarborough Building Society’s borrowers. The insurer has to date been supplying the Society’s mortgage indemnity insurance. The household and creditor book of business is expected to be worth £8m in gross premium income over three years.

Graham Boffey, corporate partnerships director at Norwich Union, said: ‘Scarborough BS demands very high standards of service, stability and reliability and we are delighted to demonstrate that we can meet its high expectations. This win confirms Norwich Union’s reputation as a trusted and valued partner in an increasingly uncertain and competitive marketplace.’

Paul Draycott, general manager, marketing at Scarborough Building Society, added: ‘We are delighted to extend our relationship with Norwich Union with whom we can enhance our range of quality products, aligned to excellent service for the long-term benefit of our members.’


Tags

There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.

Profiles

Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.

Marketwatch

Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.

Poll

Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
Read previous post:
Advisers see increase in take-

Foreign climes are proving increasingly tempting for UK property buyers, and creating a growing...

Close