Article date: 20 February 2004
Cumberland Building Society, the UK’s 21stlargest, has announced that it has entered into a distributionrelationship with Norwich Union Life for the sale of Norwich UnionLife’s life, pensions and investment products.
Cumberland, whose head office is in Carlisle, has 34 branchoffices and 12 estate agency offices.
This new partnership brings to 20 the number of buildingsocieties tied to Norwich Union.
John Leveson, deputy chief executive of Cumberland, said: "Thisis a great opportunity for us to work with Norwich Union and driveforward our business in what is a rapidly changing marketplace.
Douglas Ballantyne, director of Norwich Union, said: "We aredelighted to welcome Cumberland Building Society to Norwich UnionLife and look forward to working with them to develop theirfinancial services business."
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Notes to Editors
- Norwich Union is the UK’s largest insurer. It is a leadingprovider of life, pensions and investment products and one ofthe leading IFA providers. IFAs provide around 70% of thecompany’s long-term savings business.
- Norwich Union has strategic alliances with building societiesand other leading UK brand names including Tesco PersonalFinance and The Royal Bank of Scotland Group.
- Norwich Union’s news releases and a selection of imagesare available from Aviva's internet press centre at www.aviva.com/media.