Joint offering from Guardian and AIB

Guardian PMPA and AIB customers can expect to receive some joint marketing material arriving from these institutions in the autumn. The two groups have announced that they have reached an agreement to cross-sell motor insurance and car loans to their respective customers, probably from September, and will then review other insurance/finance opportunities. Currently, AIB mortgage customers are offered an optional Guardian PMPA home insurance package and it was from this modest beginning that the two sides decided there was scope for further development. From the autumn, AIB will offer their motor loan clients a car insurance package, while Guardian PMPA will offer the AIB car finance package to customers who need to replace a stolen or damaged car or simply want to buy a new one. A spokesman for AIB told Family Money the advantage of the new deal was that both companies are getting access to "existing distribution networks". He predicted the insurance/financing offers would be "very competitive".