Intermediaries will now receive 133% of the first annual premium for every application received from 1st February 2004.
This increase follows recent announcements on commission enhancements for both Norwich Union and Legal & General business.
Terry Young, Head of Operations at Network Data comments:
“We are committed to developing a comprehensive mortgage and insurance proposition and what we will deliver in the coming months is an increased panel of Insurers who offer a broad range of competitively priced products. This will be backed up with competitive commissions and a commitment to provide a high level of service using technology wherever possible.”