Berkeley Alexander pays commission up to 27.5% while customers pay premiums at the same rate as those charged through insurance brokers.
Geoff Hall, managing director at Berkeley Alexander, said: “With a range of options available at competitive rates, mortgage brokers and IFAs now have the ability to meet the individual needs of their customers at the touch of a button, helping them to win more business and improve profitability.”
Berkeley Alexander has made the service easily accessible and simple to use and plans to add further new insurers and products to its quote and buy online system in the coming weeks and months.
