View more on these topics

Assureweb clinches deal for Bankhall quote system

Assureweb has tied up with Bankhall in a deal that will see it power Bankhall Online’s existing protection quote engine and new income protection service.

The move follows Assureweb winning a contract to provide quotations and integration services for AWD. It is also in late-stage discussions about a similar partnership with True Potential.

Assureweb will take on the running of Bankhall’s own quotation engine but use its own links to providers and also provide its payment systems to Bankhall’s members.

Assureweb chief executive John Spellman says it believes it is close to bringing in a seventh provider shareholder to back the business.

It raised £7.5m from its existing shareholders earlier this year and a portion of this has been invested in product and technology development, with rollouts expected towards the end of the year.

He says: “We have had a number of big contract acquisitions in recent months and aim to become the industry utility. We are seeing strong growth in new user numbers and new business transaction volumes and are targeting generating 30 million quotes this year.”

Recommended

Victoria Mortgages enters administration

Victoria Mortgages has announced that it has gone into administration today and will not be able to complete outstanding mortgage offers.In a statement it says that disruption in the capital markets is to blame for its closure.It says: “Victoria deeply regrets that this has occurred. Victoria will, as rapidly as possible, make available case information […]

‘RDR breaches human rights’

Solicitors for Independent Financial Advice says the FSA’s proposal to create a professional tier of IFAs as part of its retail distribution review could potentially be a breach of human rights.Managing director Ian Muirhead says although he can understand the FSA’s wish to elevate the top tier of financial advisers to a similar technical status […]

Rathbone launches new strategies fund service

Rathbone Investment Management International has launched a new strategies fund service that it says offers a range of targeted risk and return funds specifically designed for the offshore marketplace and the needs of trustees.

Life cover for life

Jennifer Gilchrist Proposition Lead – Design, Royal London When someone mentions whole of life plans, most people will think of a niche product that serves as an inheritance tax planning tool for high-net-worth clients. And it’s really not surprising they’ve been pigeonholed in that way because before the arrival of RDR in 2013, that’s more […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com