Profiles

16. HASTINGS INSURANCE SERVICES

CONQUEST HOUSE

COLLINGTON AVENUE

BEXHILL-ON-SEA

EAST SUSSEX TN39 3LW

TEL: 0800 00 1066

FAX: 01424 735730

EMAIL: CUSTOMER SERVICES@HASTINGSDIRECT.COM

WEBSITE: WWW.HASTINGSDIRECT.COM + WWW.HASTINGSDIRECT.COM

FEE AND COMMISSION INCOME (2004): £49.47m

PRE-TAX PROFIT: £10.41m

NUMBER OF UK BRANCHES: 3

NUMBER OF UK EMPLOYEES: 986

CHIEF OFFICER: DAVID GUNDLACH, CHAIRMAN AND MANAGING DIRECTOR


HISTORY

Since the acquisition of People's Choice Europe at the end of July 2003, Hastings has contained two operating divisions: Hastings Direct and Peoples Choice.

The principal activity of the Hastings Insurance Services Group is the underwriting and broking of personal lines general insurance.

It operates out of three direct distribution call centres in Bexhill-on-Sea, Leicester and Manchester.

In seven years Hastings has grown to the present level of almost 750,000 policyholders.

MAJOR SHAREHOLDERS

Logan Consultants.

MAIN LINES OF BUSINESS

Private car, motorcycle and household cover.

CHIEF OFFICER BIOGRAPHY

David Gundlach was appointed to his present position of chairman and managing director of Hastings Insurance Services in late 2002.

Since beginning his career with IBM, Gundlach now has over 15 years' experience in the motor insurance industry, along with in-depth knowledge of information systems.

Before heading the team responsible for the Hastings Insurance Services start-up, Gundlach was IT director at Admiral. He had a central role in the acquisition of Hastings Insurance Services from Aioi in 2002.

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