View more on these topics

Fortis may look at link-up ventures

Fortis Life UK is looking to team up with other distribution companies to launch protection plans following its initiative with Lifesearch.

In its 2008 results published on Monday, the firm posted £2.7m in new annual premiums since its launch in July last year. Managing director Martin Werth says the company is now looking at ways of strengthening its protection proposition, including launching new products through other distribution channels.

Lifesearch and Fortis jointly designed a protection plan called real life cover and the insurer has also launched an online-only product through Click.

Commenting on the initiatives, Werth says the firm would “look to do it with others where the opportunity is right for both parties”.

He says: “With Lifesearch, we were using its experience of understanding consumer needs to design a plan that we felt was supported its customers.

“With Click, it was a different target market. We designed a proposition that was to give life cover without advice and we developed a similar product with no fills or add-ons. They were both very successful ventures.”

Recommended

Ireland tries to stabilise economy

The Irish government has announced the details of an emergency budget designed to shore up the country’s flagging economy.Pre-Budget data published last week show a €5 billion (£4.5 billion) widening from the budget deficit projected in January.Brian Lenihan, the finance minister, has proposed a raft of tax increases which should generate €3.6 billion over the […]

Cru’s Maguire writes to Chancellor

Cru founder Jon Maguire has penned a letter to Chancellor of the Exchequer Alistair Darling questioning the roles of ARCH, Capita and the FSA in the suspension of the £400m Arch cru fund range.

Write of passage

One of the dubious benefits of having been a personal finance journalist for more than a couple of years is that, eventually, people pretend they want to know your opinion about issues related to money.

Global income: preparing for a rate rise…

In the five years since we launched the Artemis Global Income Fund, its manager Jacob de Tusch-Lec has built a distinctive portfolio that is first among its peers. Here he explains why his “quality, cyclical and value yield” stocks, and flexible approach, leave the fund better placed to benefit from uncertainty than funds that depend […]

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