Next Intelligence has launched two new multi-tie protection panels to sit alongside its whole-of-market panel.
As well as its whole-of market panel, directly authorised advisers can choose from a multi-tie panel with five providers on it and a four-plus-one option, which contains Aviva, Friends Life, Legal & General and LV= plus an insurer chosen by the adviser. On the multi-tie panel is Bright Grey, Friends Life, L&G, LV= and PruProtect.
The multi-tie and four-plus-one panel options offer enhanced commission rates.
Access to the protection panels is free and available to all DAs who register as Next Intelligence executive plus and executive partner members, which require brokers to commit to three and six cases per month – which can be a mixture of life, general insurance or mortgage business – respectively.
Both executive partner and executive plus membership packages offer free access to Mortgage Brain’s sourcing system and 48-hour procuration fee payments. Executive partner status, the highest tier of membership, allows access to the club’s broker support team and a greater range of exclusives.
Next Intelligence managing director Sally Laker says: “Protection is a big focus for us this year and we are looking to support our members in a number of different ways to help them increase the protection side of their business.
“We have listened to feedback from our club members since the launch of our protection proposition last year and we are thrilled to be able to offer more choice and a wider range of panel options.”
The existing whole-of-market panel contains Aegon, Ageas, Aviva, Bright Grey, Exeter Family Friendly, Friends Life, L&G, LV=, PruProtect Scottish Provident, Unum and Zurich.