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L&G wins exclusive insurance deal with Platform

Specialist lender Platform has chosen Legal & General as the sole supplier of general insurance for its clients.

The tie-up with the non-conforming lending subsidiary of Britannia Building Society follows its relaunch last month as a result of the merger of Verso and Platform Home Loans.

L&G&#39s general insurance products include specialist cover for buy-to-let loans as well as traditional household and ASU cover.

The life office already underwrites a significant part of Britannia&#39s household business and Platform is a member of its mortgage club. It was the main underwriter for Platform and Verso prior to the merger.

L&G says the appointment reflects its successful strategy of expanding relationships through the provision of complementary and flexible skills and products.

Platform managing director David Tweedy says: “Platform has had a long and successful relationship with L&G and we are delighted to enhance our association through a new, innovative and mutually developed process for referrals. This agreement serves to enhance the relationship that Platform and our parent company, Britannia, have with L&G.”

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