Woolwich Motorbase - Motor Insurance
About Woolwich
The optimism in the years following World War One were reflected in the growth of the Woolwich, and the first branch was opened in Cheapside, London in 1923. Following the development boom of the '30s, the Woolwich was able to expand rapidly and by 1933 was the third largest building society in the country with assets of £38m.
By 1935, the Woolwich had opened its new headquarters, Equitable House, in General Gordon Square in Woolwich. This was temporarily moved to Pilgrim House in Westerham in Kent at the outbreak of World War Two.
Growth continued during the 1940s and '50s with the now common employment of female staff as well as male. The first office in Scotland opened in Edinburgh in 1941 and by 1954, assets reached £100m.
The 1960's saw the transformation of the Woolwich into a modern financial services institution, with the opening of a new administration centre in Bexleyheath, Kent to house its first mainframe computer, an IBM 360/30.
The Woolwich leads the Way ~
Corporate CHQ By 1970, half of all UK families owned their own homes and the strong demand for mortgages enabled the Woolwich to establish itself as a truly national building society, with high street branches throughout the UK.
As the wind of change began to gather strength, the Woolwich became the first financial institution to network its branches, using countertop on-line terminals linked to the central mainframe in Bexleyheath.
The 1970's also saw the launch of the Society's landmark TV advertising campaign, which firmly fixed the "I'm with the Woolwich" phrase into the imagination of the public.
In 1983, the Woolwich became one of the first societies to raise money in the London Money Market by issuing Certificates of Deposit. Between 1984 and 1986, Woolwich had acquired four smaller building societies before merging with the Gateway Building Society in 1988, boosting assets to £13,000m.
Deregulation in the mid-1980s enabled building societies to compete in many new areas that had previously been the traditional preserve of the banks and insurance companies. The Woolwich took a lead in this through diversification into new areas, and developed several subsidiary companies including Woolwich Independent Financial Advisory Services.
In 1989, the Woolwich Headquarters moved from Equitable House in Woolwich to a new Corporate Headquarters in Watling Street, Bexleyheath, Kent.
Up to Flotation
The late 1980's and the 1990's saw a number of subsiduary operations launched, offering a wide range of services including life assurance (Woolwich Life), unit trusts (Woolwich Unit Trust Managers), estate agency (Woolwich Property Services - subsequently sold in November 1998), insurance (Woolwich Insurance Services) and direct sales (Woolwich Direct). Abroad, the Woolwich has established banks in Italy (Banca Woolwich) and France (Banque Woolwich) as well as an offshore investment arm in Guernsey (Woolwich Guernsey).
During this time, the Woolwich took over the Town and Country Building Society, dropped the 'Equitable' from its name, and also became the first major financial institution to be recognised as an 'Investor in People'.
The summer of 1997 saw a major change for the Woolwich when it floated on the London Stock Exchange as Woolwich plc, converting from a mutual building society to a public limited company.
Woolwich Motorbase - Protecting Your Car
- Comprehensive, Third party Fire and Theft or Third party Only cover
- Any driver policies
- Free courtesy car in the event of an accident
- No claims discount protection
- Payment of premiums by interest free instalments
- Free green card
- Authorised repair networks when your vehicle is damaged in an accident
- 24-hour claims helplines
- Motorists Legal Protection cover
- Free windscreen etching
Woolwich Motorbase Insurance Options
Optional Motor Insurance
As a Motorbase customer you would qualify for an excellent price on Woolwichs comprehensive insurance policy.
Depending on your requirements, you can choose a policy that covers any driver.
Your policy can also include any no claims discount you have built up and keep it protected - even if youre involved in an accident.
If you haven't already asked for a quote, contact Woolwich Motorbase on their free call-back service available on the 'Contact Me' option in the Toolkit now or visit the Woolwich Motor Insurance web site.
What the cover includes:
- A free courtesy car if your car is not roadworthy after an accident
- 24 hour claims helpline
- Access to our Authorised Repair Network if your car is damaged in an accident
- Motorists legal protection cover
- Free cover in any EU member country (details of other countries covered are available on request)
- Free windscreen etching
Protect your car, protect your payments
With Woolwich Payment Protection Insurance, you can sleep easy knowing the payments on your car will always be kept up should you fall ill or suffer an accident that affects your ability to work.
Its just a little extra each month, and it can be included in your monthly repayment figure.
As this is a very important subject, Woolwich Motorbase will naturally discuss it in detail when you contact them.
What it covers you for
Woolwich Motorbase strongly recommend you safeguard your car and ability to keep up repayments on your loan with Payment Protection Insurance.
It covers your monthly repayments if you are unable to work through unemployment, illness or accident, and will repay your whole loan and the future value of the car were you to die.
To qualify, you must have been in full-time employment for the previous six months.
When you call Motorbase they will be able to explain Payment Protection Insurance in full, including eligibility.
Watling Street,
Bexleyheath,
Kent
DA6 7RR
http://www.woolwich.co.uk
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