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AMI extends remit to include general insurance market

In a two-pronged approach the trade body is to adopt a more central lobbying role for those connected with the protection market whilst stepping up the level of assistance it offers members dealing with GI. AMI expects new members to be attracted by the wider proposition.

AMI director Chris Cummings says: “We have always helped mortgage intermediaries better understand how the regulation of general insurance will impact on their businesses. However, we are seeing increasing demand from members to help them prepare more fully.

“We are staying true to our mortgage brief but responding to requests for additional help.”

The organisation says it is important to react to the needs of its members and is setting up a specialist interest group as well as keeping under close review the need for specific general insurance specialists. The initiative is part of the controlled growth of the organisation and Cummings adds it is “not an attempt to take over the GI world”.

Stephen Atkins, group compliance director of Freedom Finance and AMI board member, says: “This move is a natural extension. We think a high proportion of the market does not understand the issues involved in GI.

“AMI has done a great job in educating the market about mortgages and there is no reason why it can&#39t do the same for general insurance.”


PlusOne restructures sales and support teams

The company offers general insurance white labelling and third party administration services to life companies, IFA networks and mortgage clubs, affinity groups and friendly societies. With immediate effect Rob Kleinberg will become client relations manager, having previously been customer service manager and Tony Mifsud will become sales and training manager, having previously been a regional […]

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Finance and business confidence high, reveals Manpower

The growing confidence has helped drive UK job prospects to a net employment outlook of 18% – the highest national outlook since the end of 2001. In addition, the UK is also posting the most positive outlook of any of the European countries surveyed. Hazel Detsiny, director at Manpower, says: &#34In spite of increases to […]

Britannia half-year results show record lending across the group

All three lenders within the group, Britannia, Platform and the commercial lending department, delivered record first half figures. The group says that quality of lending remains high. Just 4.4% of residential lending for the half year was at more than 90% LTV with the average mortgage LTV at just 66%. And 94% of lending is […]


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