View more on these topics

Taylor back with Bankhall link for GI support start-up

Former Bankhall joint chief executive Simon Taylor is returning to the industry in a move that sees him strike a deal with his former firm.

Taylor is setting up UInsure, which will provide general insurance support services for the mortgage market, with an exclusive distribution deal with Bankhall.

Terms are being negotia-ted with four major insurers to set up a panel for building and contents insurance.

An accident, sickness and unemployment product will be available in around six to eight weeks but it is not confirmed whether this will be a panel or a single tie.

Taylor says that he picked Bankhall’s Premier Mortgage Service as it is the biggest mortgage broker force in the country with 8,000 registered and 3,000 active users.

Bankhall previously had an arrangement with Paymentshield but has not had a link since then. It will recommend UInsure and preferential rates will be negotiated but PMS members will have the option to use the whole of market.

Taylor says: “There is a lot of money to be earned since regulation came into the frame. We will be bringing the right products for clients and the brokers, the right insurers and the right financial terms.”

Bankhall chief executive Peter Mann says: “We have been agnostic for some time since the Paymentshield arrangement ended. Brokers can still choose who they want to deal with but we do not foresee a huge shift from the insurers that many of them are using anyway.”

Recommended

Initial switch

The Money Portal says it has secured backing from providers to wean its advisers off up-front commission.

Growth brings more confusion

Growth in the number and types of multi-manager funds has brought about the same confusion that the concept was designed to dispel, according to Defaqto.

Teamspirit hires new client services director

Financial services marketing agency Teamspirit has appointed former Liquorice director Mark Hollander as a client services director.Hollander will head up the team working on Prudential, NFU Mutual and Sesame accounts. He has worked for Ogilvy & Mather Direct and Evans Hunt Scottand his 15 year career in financial services marketing has included work for Britannia […]

Tenet turn-round sees 1.6m profit

Money Marketing would like to clarify the Tenet Group results as reported inthe March 15 issue. Tenet’s turnover was up from 110.6m in the 17 months to September 30, 2005 to 114.7m for the year ended September 30, 2006. Pre-taxoperating profits grew from a loss of 4.38m to a profit of 1.67m for the same […]

employee-focus-group

Five ways to make your employee focus group session a success

by Debra Corey, group reward director  You just planned and booked what you thought was the perfect vacation for you and your family. You call everyone together to share the great news and instead of receiving sounds of glee and delight, you receive groans and complaints.Your youngest says: “I hate beaches, didn’t you know that?” (You think to […]

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