Online life insurance and protection broker Cavendish Online has appointed Luke Barber as business development manager to grow its white label life insurance and protection comparison service.
The service provides intermediaries with a fully branded customer journey enabling clients to complete a full quote and buy process, presenting the customer with a comparison of premiums from a panel of life insurance and protection providers.
Barber joins Cavendish Online from LifeQuote where for the last eight years he has been responsible for managing the key intermediary accounts and attracting new partnerships. He has over 10 years’ experience in the life and protection industry focused mainly on relationship management and new business.
Ian Williams, managing director of Cavendish Online, said: “I’m delighted to welcome Luke to the team and look forward to him developing our white label business further.
“We see it as an area with excellent potential for growth and an integral part of Cavendish Online’s long-term strategy.
“We have spent nearly 20 years developing and refining our service and we are one of the leading online providers of life and protection products in the UK with the highest persistency rates in the country, market leading conversion rates and very high customer retention.
“We believe there are thousands of mortgage brokers and other advisers out there with customers who need life insurance and protection products but simply don’t have the time, the skills or the administrative support available to turn those opportunities into additional income.
“With us providing the system and Luke managing the relationships and supporting our intermediary partners I’m sure our success is going to continue to grow.”
Customers can compare life insurance online with critical illness and income protection products available via the advised service. Firms can also choose to take the execution only online service on its own or offer the advised service as well.