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Hastings Insurance Services Ltd is a UK personal lines insurance broker servicing customers via smartphone mobile app, online, and by phone. The company provides car, bike, van and home insurance, as well as a range of ancillary products and services such as breakdown cover, personal accident, substitute vehicle and key and legal cover.
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The group owns a number of general insurance brands operating within the United Kingdom, including Direct Line, Direct Line for Business, Churchill, Privilege, Darwin and Green Flag. Direct Line is a company that specialises in selling insurance and other financial services, sold directly to consumers by telephone and the internet. [23]
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After time at Lloyd's of London, Gundlach, along with Andrew Bowen, founded Hastings Direct, a direct insurance company based in England in 1996. [5] Hastings performed business in countries all over the world and employed over 1,500 people. [6] Gundlach sold Hastings Direct to Insurance Australia Group in 2006. [5]
DCA Payments are available for file submission 7 days a week 24 hours a day and are only for Pound sterling transactions. As of 2020, maximum individual payment value is £1,000,000. As of 2020, maximum individual payment value is £1,000,000.
A record 103 million transactions were processed in a single July 2015 day. That year, it was announced that the number of payments handled by Bacs since 1968 had exceeded 110 billion. [17] In 2016, 6.22 billion transactions were processed with a value of £4.8 trillion; the number of direct-debit payments exceeded four billion. [18]
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