AGM Statement (6582F)
June 20 2012 - 1:00AM
UK Regulatory
TIDMRIIG
RNS Number : 6582F
Resources In Insurance Group PLC
20 June 2012
20 June 2012
RESOURCES IN INSURANCE GROUP PLC
("RiIG", the "Group" or the "Company")
AGM STATEMENT
The Board of RiIG, a leading provider of claims management and
consultancy solutions to the UK insurance profession, announces
that at its 2012 Annual General Meeting ("AGM") which will be held
later today, Executive Chairman, John French will make the
following statement:
"A mild winter during the latter part of the year to December
2011 and during the early months of the current year, have had an
impact on the number of insurance claims normally associated within
this period. However the exceptionally high wet weather conditions
that have been experienced recently in terms of rain and flood
related conditions, are expected to counter the situation.
"Your Group has been establishing an extended range of
additional consultancy and claims management related services and
has made significant progress, evident in the increasing levels of
activity and the broadening of our client base, both in traditional
markets and non-weather related areas. The announcement of a major
contract win dealing with Payment Protection Insurance (PPI) made
earlier this week is evidence of the opportunity to further
transfer our knowledge and skills to a broader sector within the
financial services market.
"RiIG has developed a reputation among leading insurers and
financial institutions as a business that executes innovative,
quality focussed and comprehensive solutions. The Board is
encouraged by future new business prospects and opportunities and I
look forward to reporting on further developments during the coming
months."
For further information:
Resources in Insurance Group plc
John French, Executive Chairman
www.riig.co.uk
Nominated Adviser/and Joint Broker +44 (0) 7836 722 482
Zeus Capital Limited
Ross Andrews / Brian Stockbridge +44 (0) 161 831 1512
Joint-Broker
Rivington Street Corporate Finance
Jon Levinson +44 (0) 20 7562 3357
Financial PR
Yellow Jersey PR Limited
Dominic Barretto +44 (0)7768 537 739
Harry Fielder
This information is provided by RNS
The company news service from the London Stock Exchange
END
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