Paradigm members will be able to access Paymentshield’s range of products and access its commission rates. Through Paymentshield they can also access its straightforward and efficient IT solutions including Inertia, its quotation software.
Inertia enables advisers to generate building and contents, MPPI and landlord buildings and contents insurance quotations at the touch of a button. It also allows advisers to e-trade applications direct to Paymentshield policy underwriters.
Bob Hunt, chief executive of Paradigm Mortgage Services, commented: “The inclusion of Paymentshield to Paradigm’s GI panel is a real bonus for Paradigm members who will now be able to access the comprehensive range of products they have available. As advisers move towards providing a more holistic financial advice service Paradigm wanted to ensure that its members had access to a variety of offerings and products.
“Paymentshield’s inclusion on our GI panel is proof positive that Paradigm is much more than a mortgage club and is able to offer a wide variety of quality products and offerings to our members. We look forward to working with Paymentshield in what I’m sure will be a particularly fruitful relationship for all.”
Chris Traynor, sales & marketing director at Paymentshield, said: “Paradigm Mortgage Services is an exciting new business model for the mortgage intermediary sector with a strong experienced management team. Paymentshield is delighted to have been selected as their chosen business partner for mortgage-related general insurance products.
“We believe that our range of very competitive general insurance products will fit well with Paradigm’s broader suite of support services for mortgage intermediaries. We are looking forward to working closely with the Paradigm management and their members to build a mutually beneficial partnership.”
