Tag: Royal Mail

Norwich Union announces Post Office deal

Posted by | Sep 17, 2007 | |

UK-based insurer Norwich Union has announced a distribution deal with Post Office Financial Services. Under the agreement, Post Office-branded Norwich Union protection products will be available for the millions of customers who use the Post Office every week.

A 50-plus life insurance plan is the first product to be launched. It offers simple, affordable life insurance for those over 50 without the need for underwriting. A further life protection product will be launched later in the year.

David Barral, intermediary and partnerships director for Norwich Union, said: “We are delighted to announce our latest partnership, which builds on our existing relationship as the Post Office’s lead insurance provider of personal motor, home and commercial vehicle insurance.

“This is an exciting opportunity which supports our strategy to develop new distribution channels, in particular to increase our offerings direct to customers and to develop new, simpler products which are affordable and easy to buy. It will also help to close the estimated GBP2.3 trillion life protection gap that consumers have in the UK.”

Post Office director of insurance Phil Ashkuri said: “The Post Office has already attracted well over half a million insurance customers and this new launch builds on our existing range, which now includes travel, home, motor and van insurance and a payment protection policy – lifestyle protection. As with all our financial services products, our new over-50s life plan offer a simple and straightforward solution at value for money prices.”

Read More

Use Your Postal Service or Lose It

Posted by | Sep 14, 2007 | |

Hardened unionists, determined to stand on picket lines to the last, are a big part of Royal Mail’s present troubles.

There are of course many that will be doing so because the changes ahead at Britain’s monopoly postal provider will affect their way of lives, there is also a proportion who feel its in the interest of their customers, but by and large, activists make up a large percentage of strikers, particularly in areas that have in the past seen mining strikes.

Such memories are not easily forgotten – particularly in the north and parts of Wales but certainly Royal Mail has had a great deal of influence from the union in its lifetime, and its a strength that is not easily given up by its members.

In the private sector, flexibility has been key to maximizing profits and arguably with little reward for those doing the actual work but in most cases, productivity bonuses and reward payments have been welcomed. On the reverse side, the fat cat culture has swelled in some industries and understandably unions are becoming somewhat restless. That said, industrial action in the form of strikes also has a negative effect. Loss of revenue can weaken a business to the point of no return and Royal Mail is determined not to be bullied by strikes as it reorganizes the way it works simply to survive.

Read More

Royal Mail Sets Out Vision For Future Working – updated

Posted by | Sep 14, 2007 | |

Royal Mail has set out its plan for the future in its ‘full and final offer’ to its workers and is pressing on with change whether in total agreement with the CWU or not.

It emphasizes the need to be flexible and the way in which employees presently work has to change and goes on to say that Royal Mail and CWU have agree that in order to achieve these aims an unprecedented focus is required on driving up the efficiency of the operation and the productivity of its people.

Night shifts are to be removed from all mail centers with the exception of busy city centre units. Delivery times are to be pushed back in step with legislative change to 7.5 T vehicle maximum speeds on 7.5 ton trucks. Weekend working at premium rates is to be cut back drastically. Seasonal changes will also be taken into account allowing greater flexibility for holidays but staff will be expected to cover other duties as required. Door to door products are to be increased from 3 to 5 items but payment for these capped at 3.

Read More

Post Office launches over 50s life cover

Posted by | Sep 14, 2007 | |

The Post Office announces its launch into the life market with its new Over 50s Life Cover, available now.

The over 50s plan builds on the Post Office’s existing range of financial services and offers affordable and comprehensive peace of mind to people who want to avoid passing on funeral costs or outstanding debts to their family.

Acceptance is guaranteed for everyone that applies. Only three simple questions need to be answered to receive a quote, with no medical questions or checks needed.

Customers can choose how much cover they want with premiums starting at just £7 a month up to a maximum of GBP 50. Post Office® Over 50s Life Cover offers higher sums assured than the leading products currently on the market and will pay out the full sum assured after just 12 months (see comparison tables below).

And customers can choose a free gift – a Freeview box, digital camera or box of wine – after their third monthly payment has been collected.

Post Office director of insurance Phil Ashkuri said: “This is the first of a suite of products the Post Office is launching into the life market. Our Over 50s cover is easy to understand and apply for, with guaranteed acceptance. We also offer our customers more comprehensive cover than some of the leading plans on the market by paying out the full sum assured after just 12 months.”

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

Have you noticed a decrease of non-EU inbound parcel volumes since the implementation of the new €3 charge?

Thank you for voting
You have already voted on this poll!
Please select an option!


View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest