Cardif Pinnacle named as MPPI provider for Yorkshire Building Society
Published on : Wednesday 10th February 2010
Cardif Pinnacle named as MPPI provider for Yorkshire Building Society
Cardif Pinnacle announces that it has signed a five year contract to supply Mortgage Payment Protection Insurance for mortgage borrowers at Yorkshire Building Society, the UK's second largest society.
Yorkshire Building Society considered a number of providers in its review of this product area. The Society, which insists that all its business partners share its values, selected Cardif Pinnacle because the firm shared their own corporate strengths:
Experience - Cardif Pinnacle is a leading specialist in the MPPI market
Strength - Cardif Pinnacle is part of the BNP Paribas Group
Approach - Cardif Pinnacle work on a partnership approach to fulfil mutual ambitions
Appetite - Cardif Pinnacle has a strong desire and commitment to drive business forward through challenging times
Shared Goals - Like the Yorkshire, Cardif Pinnacle puts members first
Andy Swain, Chief Commercial Officer, Cardif Pinnacle, comments: "Being chosen to partner Yorkshire Building Society in this competitive market is a great endorsement of the product and service we can provide and we're looking forward to working closely with the Society."
Gary Fowler, Head of Insurance and Sales Operations, Yorkshire Building Society, says: "We're delighted to team up with Cardif Pinnacle, one of the UK's leading players in this market, with a forward thinking proposal that fits well with our business goals."
ENDS
Issued by Peregrine Communications on behalf of Cardif Pinnacle.
For media enquiries please contact:
Cardif Pinnacle
Sarah Potter, Communications Manager Peregrine Communications
Paul Wynne - 020 3178 6871
Roddi Vaughan-Thomas - 020 3178 6870
Karen Wagg - 020 3178 4890
Jayne Adair - 020 3178 8187
NOTES TO EDITORS:
About Cardif Pinnacle
Cardif Pinnacle (a trading style of Pinnacle Insurance plc) is the UK insurance arm of banking group BNP Paribas SA, a European leader in global financial services. BNP Paribas SA is an international financial services group, with roots in Europe and a significant and growing presence in the United States and Asia. It is one of the largest international banking networks, with a presence in more than 84 countries and 205,000 employees, of which 165,000 are in Europe. BNP Paribas Assurance, also part of the BNP Paribas group and a parent company of Cardif Pinnacle, is a worldwide provider of insurance and savings products.
Formed in 1971 and currently employing circa 800 staff in the UK, Cardif Pinnacle has established itself as a leading provider of Protection solutions. The Cardif Pinnacle group acquired Warranty Direct and Direct Life and Pensions in 2008, specialists in the provision of warranty and life insurance products.
With an emphasis on quality of service for clients and customers, Cardif Pinnacle is a preferred partner to more than 250 of the UK's leading Banks, Building Societies, Finance Houses and Intermediaries. It is authorised and regulated by the Financial Services Authority.
www.cardifpinnacle.com
www.helpucover.co.uk
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