The company says that being the first to bring sophisticated, advanced, but simple to use pricing to the intermediated marketplace, has enabled Select & Protect to deliver a sustainable, highly competitive and market leading proposition to its partners. It believes the recent integration of Norwich Union’s flood mapping software has given the company the edge in delivering depth and breadth of coverage to the whole market and appropriate pricing based on risk.
In addition to this announcement Select & Protect is further enhancing its proposition by introducing a new approach to customer no claims discounts and rewarding loyal customers.
Bruce Reid, Managing Director of Select & Protect, comments, “The recent Defaqto household market survey shows Select & Protect household policies in the second quartile of products surveyed. This is a notable achievement given that the survey does not measure premium comparators.
“Interestingly, in comparison to our nearest competitors who distribute through the intermediated marketplace, our policies score very favourably through the Defaqto DNA scoring system.”
