Berkeley Alexander has revealed that Towergate Insurance has signed up to its online quote and buy service.

Now, Berkeley Alexander can now offer mortgage brokers and financial advisors online access to three home insurance products in addition to its existing panel.

These products, along with the others on the panel, are provided to IFAs and mortgage brokers with commission up to 27.5% but at the same premium rate as the insurers make available to the insurance broking sector.

The three new products available are:

• Seasons: an economy product providing buildings, contents and personal possession cover with low excesses
• Seasons Select: Towergate’s standard home insurance product
• Seasons Platinum: a mid net worth product with extra benefits including cover for higher than average sums insured and buildings up to the value of £750,000

“We are delighted that Towergate has signed up to our system, as a result we can now provide our clients with an instant quotation and fast application service on three market leading general insurance products,” said Geoff Hall, managing director at Berkeley Alexander.

“With a range of options available at competitive rates, mortgage brokers and IFA’s now have the ability to meet the individual needs of their customers at the touch of a button, helping them to win more business and improve profitability.”

Berkeley Alexander plans to add further new insurers and products to its quote and buy online system in the coming weeks and months.

Hall added: “This is just the start; we plan to extend this further to ensure that Berkeley Alexander is leading the market by providing the premier online insurer panel in the UK.

“We never tire in our quest to further improve our service. As well as adding more insurers and new products, we are also already working on enhancing the functionality of our quote and buy system to include online management information tools, so watch this space for further announcements in the coming weeks.”