Of Special Interest
11th November 2011
Barclays insurance deals with Aviva and Legal & General
Barclays has signed two new contracts with major insurers relating to its UK retail business. The contracts expand the insurance offering by the bank.
Aviva is to provide life assurance and personal accident insurance products on a non-advised basis. The products will be available in-branch, online or on-phone. Aviva is the bank's long-standing provider of general insurance.
Legal & General will provide family and mortgage life assurance and critical illness protection cover on an advised basis. L&G has provided mortgage protection insurance to Barclays since 2001.
Paul McNamara, Managing Director, Insurance and Investments at Barclays said: "We look forward to building on our already successful relationships with Aviva and Legal & General to provide our customers with a comprehensive range of competitive and easily accessible insurance, which they can tailor to their needs. This agreement brings market leading capabilities to support Barclays aim of better meeting our customers' needs across our channels, whether online, over the phone or through our extensive branch network."