View more on these topics

NU Direct celebrates 10th birthday today

Norwich Union Direct is celebrating its 10th birthday today having set up its direct insurance arm on August 8, 1995.

The firm was first established in Sheffield, selling motor and home insurance with 300 staff – NU Direct now employs over 4000 staff across eight customer centres.

It now offers travel, breakdown cover, life cover, home appliance, central heating, home emergency, pet and small business insurance.

Norwich Union general insurance managing director Mark Hodges says: “The last ten years have seen a dramatic change in the way customers buy insurance. In particular the rise in popularity of the internet has contributed significantly to the growth of Norwich Union Direct.”

Recommended

‘Sourcers should carry KFI onus’

The Association of Mortgage Intermediaries’ July census shows that 57 per cent of 252 inter-mediaries polled believe sourcing systems should be responsible for information provided in KFIs. Fifty-two per cent say sourcing systems are still their preferred method of obtaining KFIs.

Martin Currie set for big retail drive

Martin Currie has trebled its sales team as it lines up a major push into the retail market. The Edinburgh fund firm has signed up to ratings agency Forsyth-OBSR in a bid to raise the profile of its product suite. It has recruited senior sales staff from several retail-focused investment houses to bolster distribution. Since […]

TMP bearing up for the future

The Money Portal hopes the departure of former chief executive Tony Morris and recent management changes will spell the end of bad publicity for the firm. Non-executive director Rod Sinclair, a former director of the Securities & Futures Authority, says the backing of US investment bank Bear Stearns is evidence that the firm is now […]

Turner report changes are set for 2010

The Government says 2010 will see the next major change to the pension landscape after A-Day with the implementation of the findings of the Turner Report. In a newspaper interview last week, pensions minister Stephen Timms said a consultation document on proposed reforms will be published next spring, just months after the publication of the […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com