Assurant offers B&C indemnity insurance

Published on

Assurant Intermediary will be offering indemnity commission on its range of building & contents insurance products underwritten by Lloyds TSB from year two onwards with immediate effect.

Kevin Paterson , Assurant Intermediary’s sales and marketing director, said: ‘We’ve undertaken a lot of research amongst our intermediary partners over the past few months, seeking their views both on our partnership proposition as well as the general insurance marketplace. One message that came across loud and clear is that it is still a very challenging trading environment and many of our partners are making tough decisions every day simply to keep their businesses going.

“We felt that extending indemnity commission across our range of products where possible from year two onwards would be not only be fairer to our partners but also offer further support particularly in the current economic climate.”””

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Hope Capital strengthens portfolio management with new servicing division and internal promotion

Hope Capital has overhauled its portfolio management operation with the launch of a dedicated...

SortRefer relaunches summer broker competition

SortRefer has confirmed the return of its summer initiative, ‘Show Us Your Merch’, following...

Access FS launches new mentoring scheme

Access Financial Services has formally launched a new mentoring programme designed to support recently...

Novium adds L&G’s critical illness cover to sourcing platform

Advisers using Novium’s protection sourcing platform can now quote Legal & General’s critical illness...

Market Harborough broadens tier two mortgage criteria to boost complex case lending

Market Harborough Building Society has introduced a series of criteria enhancements to its tier...

Latest publication

Latest opinions

Job cuts to inflation shock: preparing for a mortgage arrears crisis

The latest data on jobs paints a picture of a rapidly weakening labour market. The...

URGENT! AI Is coming for you. Or maybe not…

I’ll try to make this as straight to the point as I can. The...

Mind the gap: Can mortgage advice change the game for protection?

Many industry insiders still talk about the UK protection gap and how vast it...

Navigating HMO and MUFB complexity with confidence

Historically, larger Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs) have often...

Other news

Hope Capital strengthens portfolio management with new servicing division and internal promotion

Hope Capital has overhauled its portfolio management operation with the launch of a dedicated...

SortRefer relaunches summer broker competition

SortRefer has confirmed the return of its summer initiative, ‘Show Us Your Merch’, following...

Access FS launches new mentoring scheme

Access Financial Services has formally launched a new mentoring programme designed to support recently...