GMAC appoints L&G

The contract, which takes effect on 1 April 2003, extends GMAC-RFC’s relationship with Legal & General, as GMAC-RFC has been a member of Legal & General’s Mortgage Club since October 2001.

Commenting on the announcement, Duncan Crocker, managing director, retail distribution for Legal & General said: “We are delighted to have broadened our relationship with GMAC-RFC, as our range of household products is well suited to its customer base. We will work closely with GMAC-RFC to ensure that the full benefits of partnership are achieved for both organisations.”

Stephen Knight, executive chairman of GMAC-RFC, said: “We hold Legal & General in the highest regard and have been pleased to extend our longstanding and successful relationship on the mortgage side onto the area of household insurance as well.”