View more on these topics

Fortis to ramp up IFA distribution through networks and nationals

Fortis Life has pledged to drive up distribution through networks and national IFAs as it posted its half year results.

Fortis reported that its non-life pre-tax profits dropped 26 per cent from £43m in the first half of last year to £32m for the first of 2009, although the life business has not been trading long enough to report year on year figures.

Fortis new annual premiums for the life business which launched in July 2008 reached £6.4m the end of June.

Fortis Life says it has made inroads with a number of specialist IFAs such as Click and Lifesearch, but is now looking to bolster distribution focusing on larger networks and national firms.

Fortis has also announced that it has appointed Kurt De Schepper as chief risk officer and Antonio Cano chief executive of insurance.

Recommended

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