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Provident Insurance Appoints New Managing Director


UNITED KINGDOM (Oct. 3, 2008)
James Reader has been appointed managing director of Provident Insurance.

Reader joined Provident Insurance as head of finance in 2003 having previously worked in a number of roles as a chartered accountant at Ernst & Young.  He became commercial director of Provident Insurance’s sister company, yesinsurance, in 2006 and was appointed finance director of Provident Insurance in 2007.

“James’ appointment comes at an important time in Provident Insurance’s development as it integrates within the wider GMAC Financial Services family and prepares to launch the newly acquired General Motors U.K. insurance program," saidTim Heavisides, chief executive officer of Provident Insurance and Car Care Plan Holdings.

About Provident Insurance
Founded in 1966 and recently acquired by GMAC Financial Services, Provident Insurance provides competitive insurance protection for the motoring public.  With more than 40 years of insurance experience, the company looks after the needs of more than half a million policy holders and sells insurance products through more than 3,000 intermediaries nationwide.