Stonebridge Group add two providers to Protection Panel

15 February 2017

Stonebridge Group, the mortgage and insurance network, has today (15th February 2017) announced it has added two new providers to its Protection Panel

From today, Stonebridge appointed representative (AR) firms and members of its DA proposition, Stonebridge Genus, will have access to two new providers, AIG and Royal London. It takes the panel up to six in total with the new firms joining Aviva, L&G, LV= and Vitality.

Stonebridge says the addition of AIG and Royal London allows it to add further strength to its already successful proposition, and is aimed at helping advisers develop their service offering and provide the best possible advice to clients regarding their protection needs.

Earlier this year, Stonebridge announced that its life business volumes had risen strongly over the course of 2016, with £11.8m of life commissions completed – up 56% on 2015’s £7.59m.

Paul Nye, Director, Business Partnerships at Stonebridge Group and Stonebridge Genus, commented:

“Stonebridge offers both a mortgage and protection network for ARs and support for DA firms via our Genus brand. Our Protection Panel is available to both and since its launch we have been increasingly successful at helping advisers identify the opportunity that exists with many clients, not just in protecting their mortgage but also with their wider protection needs. This success is largely due to the excellent products, support and systems available from our current providers. The addition of both AIG and Royal London adds considerable strength to what was already a highly impressive line-up.

“With both AIG and Royal London on board, we believe advisers and firms have even greater opportunities to ensure they help clients with their protection needs and we are certain this will act as a springboard for increased activity levels throughout 2017. Stonebridge has seen exponential growth in life/protection activity in recent years and we believe this can continue for some time to come. We’re looking forward to working with these two new providers, alongside our existing panel members, in order to maintain and develop ever-stronger relationships across the Group.”

Nick Erskine, Head of Intermediary Sales at AIG Life, said:

“We are thrilled to have joined the Stonebridge protection panel and look forward to working closely with Stonebridge to help them grow their protection business.”

Debbie Kennedy, Group Head of Protection Strategy at Royal London said:

“We’re delighted that we have been appointed to the Stonebridge protection panel. Being selected means we can work much more closely with the advisers in their network. We’ll do this by sharing sales tips, tools and ideas to help business development and growth. We look forward to working together.”

To find out more about the Stonebridge Group or if advisers are interested in joining call 01268 644160 or visit: www.stonebridgegroup.co.uk

For more details on Stonebridge Genus visit: www.stonebridgegenus.co.uk