RIIG Resources In

TIDMRIIG

RNS Number : 6582F

Resources In Insurance Group PLC

20 June 2012

20 June 2012

RESOURCES IN INSURANCE GROUP PLC

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

AGM STATEMENT

The Board of RiIG, a leading provider of claims management and consultancy solutions to the UK insurance profession, announces that at its 2012 Annual General Meeting ("AGM") which will be held later today, Executive Chairman, John French will make the following statement:

"A mild winter during the latter part of the year to December 2011 and during the early months of the current year, have had an impact on the number of insurance claims normally associated within this period. However the exceptionally high wet weather conditions that have been experienced recently in terms of rain and flood related conditions, are expected to counter the situation.

"Your Group has been establishing an extended range of additional consultancy and claims management related services and has made significant progress, evident in the increasing levels of activity and the broadening of our client base, both in traditional markets and non-weather related areas. The announcement of a major contract win dealing with Payment Protection Insurance (PPI) made earlier this week is evidence of the opportunity to further transfer our knowledge and skills to a broader sector within the financial services market.

"RiIG has developed a reputation among leading insurers and financial institutions as a business that executes innovative, quality focussed and comprehensive solutions. The Board is encouraged by future new business prospects and opportunities and I look forward to reporting on further developments during the coming months."

For further information:

 
Resources in Insurance Group plc 
 John French, Executive Chairman 
 www.riig.co.uk 
 
 Nominated Adviser/and Joint Broker    +44 (0) 7836 722 482 
Zeus Capital Limited 
Ross Andrews / Brian Stockbridge      +44 (0) 161 831 1512 
 
 Joint-Broker 
Rivington Street Corporate Finance 
Jon Levinson                          +44 (0) 20 7562 3357 
 

Financial PR

Yellow Jersey PR Limited

Dominic Barretto +44 (0)7768 537 739

Harry Fielder

This information is provided by RNS

The company news service from the London Stock Exchange

END

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