Insurance & Investment consists of two business divisions, Financial Services and General Insurance, supported by three head office functions, Finance, Human Resources, and Planning and Reporting.
HBOS Financial Services market life, pensions and investment products through the two most successful sales forces in UK financial services. Personal Financial Advisers work in Halifax and Bank of Scotland branches, Bank of Scotland Investment Services advises high net worth and corporate clients. Meanwhile, Clerical Medical deals with some 80% of the Independent Financial Adviser market.
HBOS General Insurance has over 7 million customers and generates over £1.5 billion of gross written premium. Household, travel, repayment, health and pet insurance are offered through the branch network, insurance sales centres and the internet. We also underwrite, administer and manage claims for third party clients. Rapidly growing, we’re already number one in repayment protection and number four in household insurance.
