View more on these topics

Openwork adds Halifax and Uinsure to GI panel

Openwork partners are now able to access Halifax general insurance and Uinsure, alongside the existing propositions from Cardif Pinnacle, Paymentshield and Zurich.

Paul Shearman, mortgage proposition director at Openwork, says: “We have seen general insurance sales increase three fold since Openwork was created, but there remains huge untapped opportunity across the partnership.

“The addition of two new provider partners will increase our partners’ ability to be competitive for a broader spectrum of clients and therefore drive sales even further. This is clearly essential given the tough trading conditions in the mortgage market.

“Both Halifax and Uinsure offer market leading propositions and I know they will be popular with our partners. Uinsure is an ambitious new market entrant which is already making significant headway through strong marketing, technology and access to a panel of insurers. While the appointment of Halifax demonstrates our commitment to deepening and broadening our relationships with our main lender corporate partners.”

In the short term, access to the new providers will be directly via their websites,
however, work is underway for the product sets to be built into a comparative quote engine that will be an integral component of a new business platform which Openwork expects to launch in the third quarter of 2009.


Open House

Openwork, the brainchild of Zurich, came into being in 2005 as part of the post-mortgage regulation network boom. Some three years later its life story is still in its early chapters while other networks are writing their last.

BM Solutions and BoS desert specialist sector

Competition in the mortgage mar-ket was dealt another body blow last week as BM Solutions and Bank of Scotland announced their with-drawal from the self-cert and sub-prime sectors.

Regulator allowed lenders to get us into this mess

I have been a member of a big network for the past 10 years and during that time have worked hard to pass internal exams as well as meet increasing compliance and form filling requirements while trying to earn a living.

Budget summary – March 2016

This week’s Budget looked as if it would be a difficult one for the Chancellor, with disappointing economic numbers and the need to avoid ruffling feathers ahead of June’s in/out referendum. Nevertheless, Mr Osborne did spring a few surprises, including some tax reductions. So how does this budget affect you? If you are – or […]


News and expert analysis straight to your inbox

Sign up