The move combines the scale of the HBOS mortgage intermediary sales force with the specialist skills of the Halifax General Insurance team. This signals HBOS’ intent to significantly grow its general insurance presence within the intermediary market. The end result will be a larger sales force fully equipped to provide them with advice on both mortgages and insurance products.
Nigel Stockton, managing director of HBOS mortgage Intermediaries, will assume responsibility for the distribution of general insurance intermediary sales from 1 August. The general insurance intermediaries team will continue to be led by Jon Craven.
Nigel Stockton, managing director, HBOS mortgage intermediaries, said: "This is a reflection of the continued importance of the intermediary market to HBOS. It will see our sales forces work more closely with GI colleagues to provide an even better service to brokers."
Jon Craven, head of intermediaries, Halifax General Insurance, commented: "This significant move will ensure that our insurance and mortgage intermediary businesses are more closely aligned in the future. Our strategy is to focus on developing both HBOS’ range of general insurance products for intermediaries and the platforms across which they are delivered."
