You are here: cherry > Press releases for September 2010 > Assurant Intermediary in link up with Protect your bubble.com

01 September 2010

A recent survey carried out by Assurant Intermediary amongst 2000 UK mortgage brokers and intermediaries has revealed that 28 percent see the internet and aggregators as one of the biggest threats to their business. On average, 91 percent of those who responded to the survey currently sell Buildings & Contents, Landlords, Tenant Contents, Legal Expenses, Home Emergency, Critical Illness, or Life insurance, but just 20% on average take the opportunity to cross-sell general insurance products that are more difficult to compete on, such as travel or pet. As a result, brokers are missing out on valuable revenue. In light of these findings, Assurant Intermediary has created a link to Protect your bubble.com; a website offering a range of general insurance products. A link to Protect your bubble.com gives intermediaries an opportunity to compete with the comparison websites for this type of product, as well as the ability to offer quality insurance products to customers inexpensively and efficiently. Kevin Paterson, Sales & Marketing Director, Assurant Intermediary, said: “Competing with the comparison websites on price has been a major barrier in the past. This link provides an opportunity for intermediaries to consider all general insurance products as part of their portfolio. And we know that the appetite is there for these products – for example only 16 percent said they currently offer pet insurance, but 84 percent confirmed they would be willing to consider it. Our link with Protect your bubble can help ensure that intermediaries no longer miss out on these valuable new income generators.” This new service from Assurant Intermediary is provided free of charge. Interested brokers should simply register on http://www.assurantintermediary.co.uk to be provided with a link to Protect your bubble.com for their own website. Each broker will be assigned a unique identifier. Any sale originating from clients visiting Protect your bubble.com via the broker’s own site will result in a fee for the broker. Most significantly, the linking system has been designed so it will identify any client returning directly to Protect your bubble.com to renew their policy who had originally purchased their policy via the broker’s own site. This means the broker will also receive a fee for renewals. - ends –

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