Bank to extend sales of insurance products
Barclays has signed deals with Aviva and Legal & General to sell general insurance and life insurance products to its UK retail customers.
Aviva will provide personal accident and life insurance through the bank. Barclays will sell these online, on the telephone and through their branches. Aviva will not advise Barclays on the sales.
Legal & General will supply family and mortgage life insurance and critical illness protection cover through Barclays, and the insurer will advise the bank on the sales.
Barclays managing director, insurance and investments, Paul McNamara said: “We look forward to building on our already successful relationships with Aviva and Legal & General to provide our customers with a comprehensive range of competitive and easily accessible insurance, which they can tailor to their needs.”
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