January 2012 sees the re-launch of a further 5-year car insurance partnership between M&S Money and Junction, the affinity brand of BGL. This follows the announcement of the new deal in July 2011.
The relationship between the 2 organisations started in 2004.
M&S Money, itself part of the HSBC Group, has single insurer relationships for its home and travel business with AXA, and with RSA for pet insurance.
M&S Money will continue to make use of the Junction car insurance panel and the partnership follows a tender process. As in the original partnership, it is understood that Ageas contnues to be the "lead insurer" on the panel created for M&S.
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