Paradigm Protect has announced a new relationship with online general insurance (GI) provider, Source Insurance.
Source Insurance has now been appointed to the GI Panel of Paradigm Protect, the directly authorised protection proposition from Paradigm Mortgage Services, and will be accessible to all members of Paradigm Mortgage Services.
The Source is an online comparative quotation system that enables intermediaries to quote, compare and sell a range of GI policies.
It offers guaranteed quotes on Buildings & Contents, Landlord Property Insurance and short-term Income Protection from a panel of more than 20 of the UK’s leading insurers.
Insurers on the Source Insurance panel include: AXA, Aviva, Ageas, RSA, Legal & General, Amlin, UKG, LV, Zurich, Modus, Landlords Choice, First Assist, Bright, Sentinel, Zurich, Pen and Plum.
Mike Allison, head of protection at Paradigm, said: “Paradigm aims to deliver a service and proposition that creates real value for our member firms’ businesses, so it is important that our GI partners share the same values.
“The Source ticked all the boxes for us and we’re therefore very pleased to be able to announce their inclusion on our panel. In today’s marketplace, all clients will have a range of protection and GI needs and it’s vital that advisers ensure they have the best product coverage to meet those demands.
“By adding Source Insurance to our panel we are greatly broadening our offer and I’m sure this new addition will be met with great interest by our members.”
Brian Coulton, head of intermediary at the Source, added: “We are very excited to be working with the team at Paradigm; they are a well-established player in the intermediary space with ambitious plans and we are looking forward to helping to support their team in delivering the best possible experience for their firms and advisers.”