View more on these topics

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, www.wills-and-trusts.info, 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.

Recommended

Exclusive: NU Club to be integrated under PMS brand

The Norwich Union Mortgage Club will be integrated under Bankhall&#39s Premier brand over the next 12 months. As Mortgage Strategy exclusively revealed yesterday the club has been purchased by Bankhall for an undisclosed sum, joining Premier Mortgage Service, purchased from Prudential. Shaun Godfrey, Bankhall group sales director, says both the NU Mortgage Club and Bankhall&#39s […]

DA figures on track to exceed expectations

The Mortgage Code Compliance Board has indicated that the number of brokers opting for direct authorisation will be almost double the FSA&#39s original anticipated figure of 7,000. Brad Baker, head of communications at the MCCB, tells Mortgage Strategy that the board expects the majority of brokers to take the DA route rather than join networks. […]

Sesame finalises panel members

Sesame has confirmed that the final four lenders to join its Mortgage Select panel option are Bank of Ireland, Bristol & West, Northern Rock and UCB Home Loans. In its latest circular to members, seen by Mortgage Strategy, the network also outlines proc fees available from most of the panel members, billing these as the […]

BDS Mortgage Group unveils high net worth tracker deals

BDS Mortgage Group has unveiled a range of exclusive high net worth base rate trackers from BM Solutions. The products have been designed to attract high balance mortgages from high net worth professionals. Loan sizes range from £150,000 to £2m plus with a two-year discount followed by base rate plus 0.85% for the life of […]

Newsletter

News and expert analysis straight to your inbox

Sign up