BDS and Assurant link up on MPPI

Assurant Solutions Intermediary and the network arm of the BDS Mortgage Group have partnered to provide mortgage payment protection insurance.

The link up gives BDS brokers access to the Assurant quotation and broker platform, Intermediary Point-of-Sale (IPOS).

Features of the system include bespoke demands and needs statements, real-time management information and regulatory support.

Bob Hope, sales and marketing director at BDS, says: “We are delighted to be offering such a quality insurance product with healthy commission terms from such a well-regarded brand as Assurant.

“Amidst the turmoil of the current market it is vital that mortgage intermediaries are investigating all potential avenues in order to generate extra income, and with repossession figures continuing to paint a gloomy picture, MPPI is an affordable and responsible form of defence against repossession.“

Paul Thompson, chief executive at Assurant, adds: “We look forward to supporting BDS agents going forward so that they can provide their customers with valuable yet affordable protection for their homes.

“This new relationship represents a further step forward for our business within the intermediary market and we are delighted to work with Bob and his team.”