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British Insurance offers PPI online has launched a new website, which it says will massively increase intermediaries earnings potential from payment protection insurance.

The PPI specialist says the website,, which provides quotations and applications almost instantly online, enables intermediaries to provide younger clients with PPI at keener prices than elsewhere.

It also allows intermediaries to earn a generous 30% commission, says.

It says the key to its pricing structure is that it takes the policyholders age into account, which will benefit younger clients who will no longer be cross-subsidising their older counterparts”.

This differs to standard PPI, in which policyholders of all ages pay the same flat rate.

Simon Burgess, managing director at, says: Its hard to see how intermediaries who ignore this new age-related format for young policyholders can be considered to be treating themselves fairly.


Duke steps down as chairman of Grosvenor

The Duke of Wetminster, one of Britains wealthiest men, is to step down as chairman of his property development company Grosvenor.He will be replaced by the Earl of Home, the current deputy chairman and chairman of Coutts & Co.The handover will take place on May 1 this year but the duke will remain the chairman […]

Anti-HIP campaigners petition Blair’s website

Campaigners against the introduction of Home Information Packs have hit Prime Minister Tony Blair with a 2,500 strong petition as they look to derail the nationwide introduction of HIPs in June.

Brokers oppose AVM premiums

Some 69% of brokers say there should be no premium charged for the use of automated valuation models. In a survey by BM Solutions, the reactions of over 200 brokers to AVMs was documented, with two-thirds slamming the premium charge on them. And 86% of brokers believe consumers should be given a choice between AVMs, […]

Britannia sticks with fixes

Britannia has pledged not to take any of its fixed rate products off the market despite the recent hike in interest rates. Tim Franklin, director at Britannia, says: “While other lenders have been pulling their fixed rate products following the latest increase in the base rate, we have decided not to follow their lead.”


Under the radar – Fit for Work and sickness absence

Earlier this month we sat in on a presentation delivered by the Fit for Work service, and this session did highlight one small but important change to the offering that we must admit had slipped under our radar. The Sickness Absence Review published in 2010 suggested that the Independent Assessment Service (now branded Fit for Work) should have three access points; referral by […]


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