Resources In Insurance Group PLC Contract Win (1597P)

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RNS Number : 1597P

Resources In Insurance Group PLC

30 September 2013

30(th) September 2013

RESOURCES IN INSURANCE GROUP PLC

("RiIG", the "Group" or the "Company")

Contract Win Confirmed

Resources in Insurance Group plc (RiIG), a leading provider of Claims Management and Consultancy Solutions to the UK Insurance Profession, is pleased to announce, further to the announcement of 30 August 2013 that a contract had been secured, that the Company has signed a 3 year contract with a leading Professional Insurance Services organisation to provide recruitment and placement services. The recruitment division of RiIG - Absolute Professional Talent (APT) - was successful in winning a position on this highly prestigious recruitment Preferred Supplier List.

"We are extremely excited and pleased to be working with such a well - known name in the market and even more delighted for our Team at APT who have worked hard to create and deliver a quality led and claims focused proposition that is now reaping dividends" commented Gordon Vater CEO of RiIG "our model harnesses our technical claims capability, market knowledge and recruitment experience into a balanced recruitment proposition for external clients and internal divisions."

The Contract will see APT working closely with the client over the next 3 years. The business was won following a highly competitive tendering process and builds upon other recent contract wins.

John French Executive Chairman of RiIG said:

"APT was set up initially to retain the sourcing of key personnel within the Group to reduce recruitment costs -and to date has produced savings in excess of GBP190,000. Interest in this division from clients presented us with the opportunity to offer such services to existing and new clients. This contract represents a major step forward both, in terms of enhancing our reputation in the market having been secured in competition, but also, the important contribution it will make to ongoing turnover and profitability."

For further information:

 
Resources in Insurance Group plc 
 John French, Executive Chairman 
 www.riig.co.uk 
 
 Nominated Adviser and Joint Broker   [phone] 
Zeus Capital Limited 
Ross Andrews / Andrew Jones           [phone] 
 
  Joint Broker 
Peterhouse Capital Finance Limited 
Jon Levinson                          [phone] 
 

Financial PR

Yellow Jersey PR Limited

 
Dominic Barretto   [phone] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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