View more on these topics

Royal & SunAlliance offers brokered insurance

MORE TH>N, the direct arm of Royal & SunAlliance, is to re-launch its life insurance proposition competitive premiums to include tailored discounts for customers.

The new service is to be offered in conjunction with LifeQuote from Direct Life & Pension Services. Direct Life will take responsibility for managing the terms with insurers, and administering customer requirements from initial enquiry through to policy commencement.

Quotations for a range of protection products will be provided using Direct Life&#39s market leading Internet and unique IVR technology together with call centre support.

Graham Hollebon, MORE TH>N&#39s life product manager, says: “We provide our customers with the very best insurance that we can at great prices. Our research demonstrated that no single life insurer has consistently offered the best price for every customer all of the time, and we concluded that a &#39brokered solution&#39 would be best.

“Offering a choice from a range of providers is an exciting extension to our strategy. To deliver this we needed a partner that could provide product expertise together with the right technology and a proven track record of delivery. Direct Life was the obvious choice.”

Recommended

Filling the endowment gap

Equity-release providers have been urged to offer products to fill shortfalls on endowment policies held by thousands of homeowners. Though products would likely be limited to those of a set age, using equity in policyholders&#39 homes could be one way to overcome disappointments when policies mature below target. Mark Goodale, general manager of equity release […]

House prices rise at fastest-ever rate

House prices are rising by 30.6% a year, the latest Halifax house price index reveals. The figures record price growth of 4.7% for October – the fastest rate ever – and take the average price of a UK home to £122,377. HM Land Registry also confirmed an 18% surge in average prices in the year […]

B2L market bouyant, but cautious

The buy-to-let market remains buoyant but cautious, according to the latest survey of trends among the Association of Residential Letting Agents&#39 (ARLA) panel of mortgage lenders. The average monthly total of actual loans for buy-to-let investment rose by 30% compared to the previous six months. However, an average loan figure of £82,141 was only 2.4% […]

Government to publish monthly housing index

Shortcomings in the collection of housing market data has led the government to begin publishing its own monthly housing index, starting next summer. The National Statistics house index will seek to build a more sophisticated picture of the housing market than that provided by large banks and building societies such as the Halifax, and Nationwide&#39s […]

Newsletter

News and expert analysis straight to your inbox

Sign up