The Source has made a new addition to its home insurance panel with AXA First.

It is a broker only product designed specifically for properties with up to three bedrooms and a buildings sum insured to a maximum of £350,000 and contents to a maximum of £35,000.

Kevin Paterson (pictured), managing director of the Source, said the firm was excited about the addition of the AXA First broker-only product to its panel as AXA designed this policy following direct feedback from regional brokers.

He said: “It is part of a suite of products they are bringing to the broker market.

“AXA First is designed for customers who want simple, straightforward home insurance, offering value for money without compromising on quality.

“As such it targets a very important niche for us and complements the other leading insurers on our panel perfectly.”