Paradigm adds Select & Protect to panel
From today all Paradigm member firms will be able to access all of Select & Protect’s product range which combines standard home insurance through to non-standard risks, high net-worth and commercial.
The policies are underwritten by brands such as Aviva, RSA, Groupama, First Assist, DAS and Lloyd’s Insurers.
Paradigm members have the choice to advise on general insurance or refer the client by using Select & Protect’s introducer service.
Select & Protect has nearly 30 years of providing general insurance solutions to advisers and handles administration, customer service, underwriting and claims under one roof providing intermediaries with the efficiency and consistency they need.
Bob Hunt, chief executive of Paradigm Mortgage Services described Select & Protect as a “perfect fit” for its panel.
He said: “We constantly review our roster of provider partners to ensure we are giving our advisers best of class in terms of choice, products and service. Select & Protect has a long-established pedigree in helping advisers and their clients realise their general insurance needs and they are a perfect fit, not only with Paradigm, but with our existing preferred panel.
“Even advisers with no expertise in general insurance or desire to diversify can capitalise on this new partnership as Select & Protect offers an introducer service that advisers can refer clients on to.”
Hunt added: “As such, this announcement represents a win-win for advisers – added value to the client relationship and potential additional income opportunities. We have long been advocates of advisers adding extra strings to their bow and partnerships like this mean they can do so without compromising focus on their core business.”
Managing director at Select & Protect Bruce Reid said: “We are pleased to be joining Paradigm’s GI panel and see the partnership as a great opportunity for Select & Protect to demonstrate how selling home insurance can be an additional income stream to an adviser’s core business activity.
“Whether it is using our innovative and simple quotation and product platform, S2, or through referral into our qualified insurance sales team, we know that Select & Protect can add real value to the proposition that Paradigm’s advisers offer their clients across a range of general insurance products,” added Reid.