Legal & General : Principality Building Society extends relationship with Legal & General

09 November 2015

The new arrangement will mean that Legal & General will offer its general insurance (GI) products through Wales' largest building society.

The GI products, which include Your Home Cover and Your Home Cover Plus buildings and contents insurance cover will be available in branch, over the telephone and online, from 9^th November 2015.

As part of the new agreement there will be additional focus on developing new initiatives and capabilities to further enhance the current proposition from both businesses and help Principality support its customers when they need it most.

Damian Thompson, Principality Building Society's Director of Distribution, said: 'We are committed to providing the best financial products and service to our members and customers and this involves consistently reviewing our processes and procedures to ensure that we continuously improve. Our new home insurance offering with Legal & General will allow our customers to deal with us in the way that they want, when they need it the most. Whether that's in branch, online or on the telephone they will be able to move between the options whilst continuing to receive the standards of service that they have come to expect from Principality'.

Mark Holweger, Managing Director, Legal & General Insurance (Partnerships), (photo) said: 'This new deal with Principality Building Society is a great example of how our aim to provide an outstanding service and proposition has helped to extend this valued relationship with our partner.

'We believe it's important to provide products that are relevant, affordable and meet the needs of our customers. We will continue to embrace changes to improve what we do to ensure we grow both our businesses in a successful and responsible way.'

ENDS.

For further information please contact:

The information contained in this press release is intended solely for journalists and should not be used by consumers to make financial decisions. Full consumer product information can be found at www.legalandgeneral.com/home-insurance or by calling 08000 279 833. Calls may be record and monitored. Lines are open 8am to 8pm Monday to Friday and 9am to 5pm Saturday and Sunday. Alternatively, consumers should speak to their insurance adviser to check they do have adequate cover in place.

Legal & General Insurance Limited is authorised and regulated by the Financial Services Authority (FSA).

Issued by Legal & General Insurance Limited. Registered address is One Coleman Street, London EC2R 5AA. Registered in England No 423930.

Principality is the largest building society in Wales and the 6^th largest in the UK with more than £7bn in assets. Established over 150 years ago it is a mutual building society with 500,000 members. Principality has 71 outlets, a network of 53 branches across Wales and 18 agency counters.