Legal & General's Insurance managing director Ian Viney said: “We are delighted that Legal & General has been appointed as John Charcol’s preferred household insurance supplier. Both companies are well placed to significantly grow our businesses in the new regulated environment and we believe that we have a very attractive proposition for John Charcol’s advisers and their clients.
“The introduction of new mortgage and insurance regulations is resulting in financial advisers and mortgage brokers reviewing their general insurance offering and it is very pleasing that the good value-for-money products and services we offer have been recognised by such a market-leader.”
Peter Barrett, managing director at John Charcol said: “Legal & General has demonstrated the strongest product and service proposition, technical expertise and above all a deep understanding of our advisers’ needs and we believe this will lead to an extremely successful, long-term relationship. This agreement will enable us to focus on our very successful core mortgage business, while giving our customers access to a wide range of very competitive insurance products.
“John Charcol has undergone a number of key changes lately and is now well positioned for growth. We are looking forward to working with Legal & General to develop and maximise household insurance business opportunities in the future."
