The policy was previously underwritten by Hiscox.
Simon Hood Chief Executive of Select & Protect explains the change,
“ Our move to St Andrew’s Insurance forms part of our ongoing corporate development – choosing the right partner for the right products we have to offer. Our evaluation of this important market showed a number of areas we wanted to continue to exploit - value for money, method of payment and flexibility, and St Andrew’s were the natural choice in helping us deliver this to our agents.
Our mortgage payment protection product has been part of our product range for two years and we have seen a continual growth in sales. However we do not like to stand still and St Andrews will play a key part in helping us develop our offering in the future. ”
Commenting on the new partnership and the strengths they bring, St Andrew’s Ren Mazza, Director, New Business said,
“ This link with Select & Protect is part of our desire to widen distribution. As one of the UK’s leading payment protection providers we are always looking to take the business forward and working with Select & Protect and their agency network will give a significant boost to this ambition.”
John Blundell, Managing Director, St Andrew's Group comments,
“Everyone at St Andrew’s Group is highly committed to this new partnership. We are confident that our underwriting skills and expertise will both reflect and enhance the high standards already associated with the Select & Protect brand. We are looking forward to the formal launch of this new partnership and hope to build a long-lasting and mutually rewarding relationship.”
