Pink's Appointed Representatives (ARs) will be pre-registered for the facility and will now be able to offer their clients access to more niche products such as travel, landlord, rent guarantee and commercial insurance through Endsleigh.
Clients' will be able to access non-core products either by calling a dedicated Pink telephone number or using an online quotation system. Alternatively the AR can complete a quick online referral form direct from their desktop to capture their client’s future insurance needs if the relevant product is not yet up for renewal.
The new arrangement will provide intermediaries with excellent rates of commission and complement Pink’s existing general insurance proposition, which offers ARs products from first4cover and Paymentshield.
Phil Whitehouse, business opportunities manager at Pink Home Loans, commented: “Pink is thrilled to be offering this new simple referral facility to its AR customers. Having access to an increasing range of insurance products and services will provide AR intermediaries with an excellent opportunity to meet client needs, provide an extremely valuable opportunity to boost their income (without incurring the extra administrative workload) and offer a broader range of services for their clients especially at a time when incomes are under pressure from the credit crunch.
“Endsleigh also provides a commercial insurance referral service for a wide range of properties. This means that ARs of Pink can now obtain insurance for clients looking to support a commercial mortgage."
David Wood, account manager, from Endsleigh added: “We are delighted to announce the launch of this partnership between Pink Home Loans and Endsleigh. We believe that this proposition will not only add real value to the service that Pink advisers can offer their clients, but it will give them a fantastic opportunity to earn a long term secondary income stream."