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St Andrew&#39s secures B&B mortgage protection account

St Andrew&#39s Insurance, a member company of the HBOS Group, yesterday announced that it has won the Bradford & Bingley mortgage payment protection account.

This move will see both new and existing mortgage payment protection policies sold within the intermediary&#39s retail network, which consists of over 500 locations within the UK, transfer to St Andrew&#39s from July 1 2004.

Advisers will use an electronic application process via the Bradford & Bingley Intranet site to facilitate sales within the network, allowing paperless applications and improved efficiency.

John Blundell, managing director of the St Andrew&#39s Group, says: “I am delighted that we have yet again been able to show our experience and ability to seek out and win business of this calibre. The Bradford & Bingley brand is a household name and is one of the UK&#39s largest providers of independent financial advice. This relationship provides Bradford & Bingley with the opportunity to offer its customers mortgage protection products, supported by efficient customer service by the team here at St Andrew&#39s.”

Nigel Asplin, group general insurance director for Bradford & Bingley, says: “We went through a rigorous selection process to find a new provider for our mortgage payment protection policies, and St Andrew&#39s came out ahead to secure our account. We are working with the St Andrew&#39s team to ensure a smooth transition of business and look forward to launching these products within our network in July.”

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