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Genesis Home Loans uses Exweb for protection sales

The Exchange announces Genesis Home Loans has selected the Exweb Broker portal to support its new arrangements for the sale of protection products.

Exweb Broker will help Genesis manage its relationships with providers and enable its members to submit new business applications electronically for a range of protection products.

Exweb Broker is a tailored version of The Exchanges market leading Exweb portal, which has been designed specifically for brokers and intermediaries selling mortgages, protection and general insurance products. Initially the arrangements see Genesis taking over 100 Exweb Broker licenses and is expected to rise to 250.

The portal will also be integrated with Genesis white-labelled version of Trigolds mortgage sourcing system so that client data can be transferred automatically between systems without having to be re-entered.

The Exchange managing director David Child says: “Now they are regulated by the FSA mortgage brokers can expand their businesses significantly by selling protection products and this is creating good demand for The Exchange. We are delighted Genesis Home Loans has selected our services for its mortgage network and we look forward to supporting its long term growth plans.”

Genesis insurance manager Keith Longthorne says:
“The Exchanges technology offered us the necessary flexibility and control to manage our insurer relationships and we are confident its services will ensure our Appointed Representatives are able to gain maximum benefit from our protection offering.”


Benefits lost since PFS transfer

I refer to the article in Money Marketing where John Ellis takes some unusual stances over important matters to do with commission and the absurd report from the CRA.

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