PROFILE |
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Rule, Britannic. The company sells life and health insurance, pension plans (including the individual savings accounts, or ISAs, that replaced the failed personal equity plans, or PEPs), and other financial services products to individuals in the UK. The company also makes small personal loans. The majority of Britannic's more than 1 million clients are middle- and lower-income individuals who do not qualify or cannot afford services or products from traditional financial institutions. Due to increased competition the company has cut about 2,000 jobs, mostly in direct sales.
COMPETITION |
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AXA UK plc (dossier)
Provident Financial plc (PFG)
United Assurance Group PLC (dossier)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 4,338.50
1-Yr. Sales Growth: 47.0%
Employees: 4,766
Revenue per employee: $910,302.14
KEY PEOPLE |
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Brian H. Shaw
CEO
Maria-Luisa Cassoni
CFO
CONTACT INFO |
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1 Wythall Green Way, Wythall
Birmingham B47 6WG, United Kingdom
Phone: 44-1564-82-88-88
Fax: 44-1564-82-88-22
Online: Web Site
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