Anglo Irish Bank, which has a strong presence not only in Ireland but also in the Isle of Man, has received a licence to operate its own assurance company. Anglo Irish Assurance Company launched earlier this month with the aim of providing a bespoke service to customers with a range of personal, corporate and retirement investment solutions. The new company, headed by managing director Anton Davies, will provide a unique range of high value, flexible financial services for pre and post retirement and for personal and corporate investments.
Anglo Irish Assurance’s products offer customers 24 hour access to their investments, the option of free fund switching, fixed price charging, access to internal and external fund managers and control of their own personal portfolios.
The new website, www.aiac.ie, has already gone live, but the interactive aspect of the website will be fully functional from mid March.
Mr Davies commented: 'Anglo Irish Assurance is the first to market with this unique personal finance offering. For too long, people invested money into pension plans and investment related products and then forgot about them. We offer our customers tailored solutions to suit their needs and our range of investment services encourages the customer to stay involved in their investment and enables them to change their portfolio as and when they want. This clearly differentiates Anglo Irish Assurance from other players in the market'.
Chief Executive of Anglo Irish Bank in the Isle of Man, Michael McGee, added: 'The addition of an assurance company to our business means that the group can now offer a much wider range of tailored financial services to our customers, in the same style and manner that has made us successful to date, namely relationship building and providing an unmatched quality of service in a focused manner to well defined niche markets'.
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