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.