UK: CONFLICT OVER FUTURE OF UNITED ASSURANCE
Article Abstract:
The future of United Assurance as an independent entity has caused a board-room rift. Alan Frost, the chief executive, believes that the insurance company can retain its independence and wants time to prove it can be turned round, whereas the chairman Andrew Longhurst is pushing for a GB[pound] 3bn deal with its competitor Britannic. It appears that no concrete progress will be made until after United has released its preliminary results early next year, when Britannic is expected to make a takeover approach.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1999
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Tide's turing against the tie-ins
Article Abstract:
It is possible to make substantial savings on the cost of holiday insurance by rejecting the 'tie-in' deals offered by travel agents and seeking your own insurance instead. The same situation applies to life insurance, which can be expensive when purchased from a mortgage provider.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
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