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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Claims People | LSE:CLM | London | Ordinary Share | GB0006158686 | ORD 1.5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.43 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number:4405T
Claims People Group PLC
01 November 2005
The Claims People Group Plc
Claims People Announces Partnership with Capita Insurance Services
Following the announcement made on the 26 October, The Claims People Group Plc
announced today that it has agreed an alliance with Capita Insurance Services.
Under the arrangement the Company will provide volume loss adjusting services
and support to Capita Insurance Services' corporate and complex loss business,
Teceris. As part of this development, six volume Liability claims handlers will
transfer from Teceris to The Claims People Group in the next few weeks.
"Dermot Joyce, Executive Director, Capita Insurance Services says: "This deal
reflects a general market acceptance that volume and complex loss adjusting are
distinct and that they require substantially different approaches. Teceris
is committed to being the best run and best qualified corporate and complex loss
adjuster in the UK. The Claims People Group will be an alliance partner in
the volume loss adjusting arena to support us with our existing workload as well
as work alongside us as we grow our business. Barry Whyte and his team at The
Claims People Group have a compelling business model, work well with our people
and have proven themselves to be a reliable partner. This is a sensible and
mutually beneficial move for both firms."
John French, Chairman of The Claims People Group said "It is a great privilege
to be working in partnership with the UK's No1 Business Process Outsourcing
company. Whilst it is not possible to calculate any effect on trading in the
current financial year, we anticipate that this arrangement will be of growing
benefit in the years ahead"
Further information contact:
The Claims People Group plc
John French, Chairman -Tel: 020 7357 6636
Barry Whyte, Chief Executive - Tel: 020 7357 6636
Seymour Pierce Limited
Mark Percy / Liam O'Donoghue - Tel: 020 7107 8000
-ends-
This information is provided by RNS
The company news service from the London Stock Exchange
END
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