Bank of Scotland partners with Junction
Junction, has launched a new car insurance product with leading financial services provider Bank of Scotland, part of the Lloyds Banking Group. 
Junction, BGL Group’s partnerships business, has launched a new car insurance product with leading financial services provider Bank of Scotland, part of the Lloyds Banking Group. The partnership will enable Bank of Scotland to offer competitive car insurance with a range of benefits and extras. This deal is an extension of Junction’s successful long-term partnership with the Lloyds Banking Group which also sees them provide insurance products for both Lloyds and Halifax.

Bank of Scotland’s internet banking customers will receive a 10% discount on standard car insurance cover in the first year as well as a three year guarantee on repairs carried out at approved garages and a 24-hour emergency and windscreen helpline. The cover also includes 60 day European Union cover and no claims discount rewards for careful driving.

Customers taking out comprehensive cover will receive additional benefits such as a courtesy car whilst their car is being repaired, new car replacement if their new car is stolen and vandalism cover, subject to terms and conditions.

Paul Birkhead, Head of Motor and Corporate Partnerships, Lloyds Banking Group, commented: “We are continually working with our motor insurance partners at Junction to improve our products and services to help customers protect the things most important to them. The launch of Bank of Scotland Car Insurance is an important milestone, giving our customers greater choice by offering comprehensive and competitive cover through an iconic and trusted brand.”

Junction’s Chief Executive, Gary Duggan, said: “We are delighted to extend our relationship with the Lloyds Banking Group. Our partnership has been extremely successful and the introduction of Bank of Scotland will further increase the strength of our insurance offering.

“Junction continues to introduce new partnerships and products as part of our on-going growth. We have enjoyed a strong start to 2016 and have cemented our position as the insurance partner of choice for the UK’s biggest brands.”

Junction was formed in 2002 and has grown rapidly to its current position, providing insurance for over 2.2 million customers through some of the UK’s best known brands including M&S Bank, Co-op Insurance, RAC Insurance, Post Office, Lloyds Bank, Halifax, and Santander. It has enjoyed a record-breaking start to its financial year with year-on-year sales increases of over 25%.


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