View more on these topics

Kensington launches insurance range

Kensington Mortgages has launched its insurance range, developed as the complimentary partner to its mortgage product range.

Kensingtons insurance range offers features and flexibility to meet the needs of its borrowers. The range comprises of household building insurance, with or without contents, accident and sickness, or accident, sickness and unemployment insurance.

Kensington listened to introducer feedback to deliver an insurance solution that allows intermediaries to get quotes, binding decisions and complete the application on-line in a matter of minutes at Not only will this reduce administration time, but Kensington is now paying up to 23% commission to brokers for each and every month the customer maintains cover.

Key features of the Household range include 12 months interest free direct debit payment option plan, competitive premiums with lifestyle discounts, and optional extras such as cover for business tools & equipment, accidental damage & legal expenses.

The ASU range offers a flexible range of options that understands customers different and individual insurance needs by allowing them to select their ideal level of cover, the benefit duration and the claim waiting period.

Alison Hutchinson, managing director at Kensington, says: Research has shown this range of insurance products is one of the most comprehensive and competitive ranges on the market with quotations only a few clicks away at Kensington online. The team at Kensington are passionate about developing and improving our product offering, in order to give our brokers the flexibility to provide their customers with a more comprehensive one stop mortgage solution.

Bashir Ahmed, managing director of Exclusive Connections Luton, adds: The Kensington insurance range complements its existing product proposition well. The key features of the ASU & B&C cover that these products provide can only be good news for our market. The speed and ease that intermediaries can source and complete a GI transaction is key to the sales process. Online quotation and submission will be a major selling point to brokers looking to reduce the time spent on the administration of this type of product.


Let’s give praise where it’s due – Northern Rock did me proud

From Brian Melling Northern Rock has been in the firing line regarding its service recently. To balance out this criticism a bit, I’d like to point out that I sent an application online to Northern Rock on October 12 and received a faxed offer on the October 22. That’s 10 days in total, and not […]

Orchard & Shipman appoints Nye as financial director

Orchard & Shipman, the London and Edinburgh property services group and community housing specialists, has appointed Paul Nye as financial director.Previously financial director of Dreams plc, the furniture retailer, Nye was responsible for the growth of that business from 13 branches and sales of 4m to over 100 branches with a turnover of 100m.Chris Shipman, […]

Yorkshire offers season ticket with mortgage deal

Yorkshire is offering Huddersfield Town fans a mortgage deal that comes with free season ticket and signed shirt. From Saturday, November 26, supporters who are either looking to move home or just move their mortgage can take home next years season ticket and a Terriers shirt, signed by their favourite player. The offer is open […]

RAMP members see completions rise

The Regulatory Alliance of Mortgage Packagers says completion figures for its membership were up 18% in October against the same month in 2004. And year on year, completions are up by 25%. RAMP was founded two years ago to bring together packagers and mortgage distributors in preparation for a regulated mortgage market. John Rice, managing […]

Trouble ahead - thumbnail

Pensions: trouble ahead?

The pace of change in the pension’s space has been little short of astonishing, and has left thousands of employers struggling to keep their pension policy compliant, and also on the right side of current best practice and governance. Many employers, and indeed many in the pensions industry itself, would like to see a period of no change during the next term of government. This would give all sides a chance to catch up and draw breath. 


News and expert analysis straight to your inbox

Sign up