Cavere Insurance teams up with Jump Money

Cavere Insurance has collaborated with Jump Money to develop a suite of fully white-labelled policies aimed at protecting home owners.

These products comprise residential buildings and contents insurance, landlords buildings and contents insurance, short-term income protection and mortgage and loan protection.

Paul Thompson, chief executive of recently-launched product provider Cavere, says its new platform Magenta offers advisers strong support in building a recurring income for their existing clients.

He believes the introduction of the platform is well-timed, as companies such as Jump are looking for alternative income streams or to expand their portfolios.

Thompson says: “When we formed the new company we stated in our mission statement that we saw the business as a solutions provider and not just a traditional product provider and broker.

“We have a role to play in facilitating profitable partnerships and we very much look forward to supporting Jump in their plans to grow their business.”

Adam Temple, director at Jump, says: “We are very much committed to building a loyal client base by delivering quality products through a strongly branded proposition.

“We have chosen Cavere as our primary provider of general products as we are confident of their ability to deliver and fulfil our demanding requirements; we look forward to working with them.”