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Womens Car Insurance Article |
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Women's car insurance provider takes ethical leap
Mon, 27 Jun 2005
Women could take advantage of a new ethical car insurance policy.
The Co-operative Insurance Society has launched a new product with a strong ethical engagement commitment.
The company, following the results of questionnaires with five million of its policy holders, will only interact with firms supported by 98 per cent of its customers.
"For the first time and in the best traditions of a co-operative, individual policyholders have had their say, so there is now a direct link between an individual customer and the engagement policy of a major institutional investor," said David Anderson, chief executive of the Co-operative Insurance Society.
"I am confident that this will contribute to new standards being set in socially responsible investment which other institutional investors will increasingly wish to follow."
The policy is the result of an extensive consultation with its five
The move echoes the current stance of the Co-operative Bank, which refuses to deal with companies viewed as unethical.
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