Banking-Insurance Sevices appoints general manager

Banking-Insurance Services Limited has appointed Paul Bennington as general manager for administration and compliance.

Bennington, former managing director of BISL, has been asked by the board to spearhead the development of its lead generation and appointed representative solution. This is the first appointment resulting from a reshuffle of responsibilities and further appointments which will be announced shortly.

BISL has grown from a simple general insurance internet company to a major intermediary service company, currently having around 40 lead advisers and eight appointed representatives throughout the UK.

Bennington says:” I welcome this opportunity to concentrate my efforts on overseeing the administration of this rapidly expanding company, and to assist in the development of our lead generation network and mortgage network in the run-up to regulation.

“There has never been a better time to be in this market. With a huge audience to service and fewer advisers, the potential for a well placed company with efficient procedures and professional advisers gets better every day.”

With an increase in visitors to its specialist site,, BISL is also looking to appoint regional IFAs to accept introductions from visitors looking to discuss potential inheritance tax or to create trusts. The regional IFA will purchase an exclusive area in the UK, and all enquiries will be forwarded by email to the IFA to make an appointment with the client. A small commission split is expected for any successful cases.