Assurant enhances commission commitment

Nia Williams

March 2, 2010

It is offering indemnity commission on its range of building & contents insurance products underwritten by Lloyds TSB from year two onwards with immediate effect.

Sales & marketing director, Kevin Paterson, commented: “We’ve undertaken a lot of research amongst our intermediary partners over the past few months, seeking their views both on our partnership proposition as well as the general insurance marketplace. One message that came across loud and clear is that it is still a very challenging trading environment and many of our partners are making tough decisions every day simply to keep their businesses going. We felt that extending indemnity commission across our range of products where possible from year two onwards would be not only be fairer to our partners but also offer further support particularly in the current economic climate.”

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