Tuesday, 31 January 2012
Monday, 30 January 2012
Lloyds TSB has announced that it will no longer provide affinity credit cards for a number of key charities, including Cancer Research UK, the NSPCC and the Scottish SPCA.
The partnerships, inherited from Halifax Bank of Scotland, are no longer seen as cost effective although they have generated considerable revenue for the charities - in the case of Cancer Research UK, this is estimated at £15 million during the life of the programme.
The bank has offered to look at new providers for the charities, but options may be limited with MBNA and Co-operatve banks as the major players left in the charity card market. Given the length of time it can take to create a partnership programme it is hoped that that these discussions are already far advanced.
Monday, 23 January 2012
Friday, 6 January 2012
Axa Assistance has announced a new 5 year deal with Hastings Insurance to supply motor breakdown and misfuelling insurance. The covers will be underwritten by Inter Partner Assistance; a fully owned Axa subsidiary.
The announcement followed a recent tender process, although Inter Partner Assistance was already the motor breakdown provider for the Hastings Direct brand.