Uinsure is reducing the cost of premiums for consumers by decreasing the commissions that it pays to 27.5% from 30%, it says the move is in response to direct feedback from many advisers who requested lower premiums for their clients.
Daniel Venner, RSA’s personal lines broker trading director, says, “General Insurance is becoming a more and more important part of the IFA offering and they are taking more time to ensure the solution for their individual customers is appropriate. RSA is pleased to be joining the Uinsure panel as it is a great opportunity to reach more IFAs with our products and terms. This increases the offering for Uinsure and it gives us a great chance to write more mortgage lead home insurance business.”
Simon Taylor, founder and chief executive of Uinsure, says: “The appointment of RSA, one of the country’s most prestigious insurers, will enable advisers to offer their clients access to one of the world’s most well respected insurance brands while it will also significantly enhance the Uinsure proposition.
“This move, along with the lowering of commissions, is the first of a number of initiatives we will be undertaking over the coming months.”