"Tesco Underwriting (TU) was set up in 2010 to underwrite Tesco Bank branded car and home insurance policies. It is a partnership between Ageas (UK) and Tesco Bank, with Ageas (UK) owning 50.1% and Tesco Bank 49.9%. Tesco Underwriting operates independently from either company with its own board, governance processes and management. " 
Resources and articles
- Tesco Underwriting Home, organizational web page, accessed May 18, 2013.