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A bumpy ride for EasyLife venture

EasyJet tycoon Stelios Haji-Ioannou&#39s proposed online term insurance

venture, project-named EasyLife, is believed to be facing delay as

EasyGroup remains undecided about which quotation system to use.

A source close to one of the insurers originally linked to EasyGroup says

the company is undecided as to whether to offer term insurance quotations

using its own bespoke software or The Exchange software.

Standard Life, CGU, Norwich Union, Legal & General, Permanent Insurance

and Scottish Provident all confirmed in May that they were in preliminary

talks with EasyGroup about selling products through new portal

But with the originally touted target deadline of August approaching, some

of the key players linked to the venture are not willing to confirm whether

they will sign up to the project.

But EasyGroup director of corporate affairs James Rothnie says: “This is a

company in its incubation, which we hope will be launched this year.”


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