ASI will initially provide mortgage and payment protection cover through PTFS’ online quote engine, and then later buildings and contents insurance.
Kevin Paterson, sales and marketing director at ASI, commented: “This is an important partnership for us as PTFS reaches out to more than 2300 network members. Its online quote engine makes it easy for advisers to find the most suitable and affordable policies to meet the needs of their clients. Many intermediaries are looking to diversify into general insurance right now to try and make up for lost income resulting from the massive slowdown in the mortgage market.”
Dev Malle, group sales director for PTFS, commented: “One of the key reasons for choosing to partner with ASI is the financial stability of the company offered by its parentage. It’s important to us that we can offer our members long term sustainability, particularly given that some ASU providers are pulling out of the market just at a time when ASU protection is most needed by consumers. ASI offers this stability alongside an excellent product range.”
Assurant Solutions Intermediary distributes a full suite of general insurance products built around the individual needs of individual customers, including mortgage and income protection, buildings and contents, home emergency assistance, and landlords' let property insurance.
