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Colleagues loses CGNU deal

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Colleagues Direct Marketing has lost its contract with CGNU after the insurance group brought printing in-house at two inplants

Colleagues Direct Marketing has lost its contract with CGNU after the insurance group brought printing in-house at two inplants.


Colleagues managing director Stephanie Stanghon said there would be no redundancies as a result.


She claimed that the company would "go forward and not make any changes this year".


CGNU was formed by the merger of Norwich Union and CGU in May. Norwich Union used to outsource all its printing,
but since the merger a large proportion of the group's printing has been brought in-house.


Last month, Colleagues appointed David Harris as executive commercial director and Robert Pyrah as media director in an effort to offer a multi-channel service.


Colleagues has contracts with BarclayCard and GE Capital. It made a 3.3m profit last year on turnover of 55m. Its head office is in Bath.


Story by Jeremy Allen