Renewal of Major Contract with RSA
28 Janeiro 2010 - 9:30AM
RNS Non-Regulatory
TIDMNARS
Nationwide Accident Repair Srvs PLC
28 January 2010
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NARS
NATIONWIDE ACCIDENT REPAIR SERVICES PLC
("Nationwide" or "the Group")
Renewal & Extension of Major Contract with RSA
Following Nationwide's recent announcement that it has renewed its major
contract with RSA Insurance Group plc ("RSA"), the Group is now pleased to
provide further details on the contract renewal.
The contract is for a four year term and covers the provision of crash repair
services nationally, outside the M25 area. As part of the new contract, RSA will
also consolidate its repair provision beyond the London area into much of
Nationwide's network. Nationwide will be deploying its existing RSA dedicated
repair capacity and this dedicated resource will increase from six centres to
nine centres.
The contract was awarded following RSA's rigorous review of its motor repair
strategy and the solution now in place will ensure a consistent, compliant and
streamlined repair supply chain for RSA. Nationwide has worked together with RSA
for over 10 years and the contract renewal and extension demonstrates the
Group's ability to offer the best balance of coverage, value, sustainability and
service.
The contract will help to underpin Nationwide's trading performance in the
current financial year and beyond.
Michael Wilmshurst, Nationwide's CEO, said,
"We are delighted that RSA has renewed and extended our contract. RSA is
committed to providing its customers with a high calibre offering and the
increase in capacity is testimony to our ability to supply an unequalled
service, consistently combining quality and value.
We have worked hard to ensure that we presented a compelling proposition to RSA
and we look forward to developing the new opportunities this contract brings to
both businesses."
Ian Thompson, Head of Operational Motor Claims at RSA, commented,
"Customer service is at the centre of what we do as an insurer and therefore any
decision that we take that may impact this must be taken very seriously. We've
been working with Nationwide for over 10 years and their clear commitment to our
customers and their dedicated RSA repair centres mean that we can confidently
extend our relationship."
Enquiries:
+----------------------+--------------------------------+------------------+
| Nationwide Accident | Michael Wilmshurst, Chief | T: 01993 701 720 |
| Repair Services plc | Executive | |
| | David Loftus, Finance Director | |
+----------------------+--------------------------------+------------------+
| | | |
+----------------------+--------------------------------+------------------+
| Arbuthnot Securities | James Steel/ Ben Wells/ | T: 020 7012 2000 |
| | Alasdair Younie | |
+----------------------+--------------------------------+------------------+
| | | |
+----------------------+--------------------------------+------------------+
| Biddicks | Katie Tzouliadis/ Sophie Lane | T: 020 7448 1000 |
+----------------------+--------------------------------+------------------+
| | | |
+----------------------+--------------------------------+------------------+
| RSA | Hannah Green | T: 020 7337 5625 |
+----------------------+--------------------------------+------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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