THOMAS COOK, the travel and financial services group, is launching a phone service selling travel insurance 24 hours a day. The policies will be underwrittren by Home & Overseas Insurance Company, a part of Eagle Star, which in turn is a part of BAT Eagle Star, is in the process of being merged into a new financial services giant, Swiss insurer Zurich. Thomas Cook, which is owned by Westdeutsche Landesbank, is aiming for 10 per cent of the UK travel insurance market in its first year.
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