The deal is effective immediately and with cases already coming in, business levels are expected to grow very quickly.
Select & Protect’s products will be delivered through LighthouseLoan, the new service which provides Lighthouse Group’s advisers (within Berkeley Woodhouse Associates (BWA), Temple Financial Planning and Lighthouse Practices) with streamlined access to market leading mortgage and protection products.
Simon Hood, Select & Protect Chief Executive commented,
“The past few months have seen a tremendous amount of activity with many networks and large IFAs preparing for the new mortgage regulations. We anticipated this last year and introduced many developments to the business with a view to our being an attractive general insurance partner. The agreement with Lighthouse is a perfect match as both businesses are on a growth curve and realise the need to provide class leading products and service.”
Mark Evans, an Executive Director of Lighthouse added,
“The addition of a provider of Select & Protect’s standing to our panel, further enhances the quality of LighthouseLoan. The panel comprises the market’s top insurers and mortgage providers, thus enabling our IFAs to sell market-leading products efficiently and profitably.”
Select & Protect products are underwritten by Norwich Union and St Andrews Insurance.
