Busy times at RBS, but not at RBSI.
RBS is having a busy week while ignoring the elephant in the room.
As Backchat went to press, the bank had made plenty of announcements but none that shed any light on the planned sale of its insurance arm. RBS announced an extension of its insurance partnership with BMW, and trumpeted the fact that RBS-owned Devitt Insurance Services has been appointed to provide the Post Office’s motorcycle insurance.
It also announced a deal with Homeserve, which has secured a three-year contract with RBSI. The home emergency service provider will handle product replacements on contents claims for consumer goods including electronic equipment.
Business as usual, it seems.