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Mortgage News

Assurant confirms PTFS partnership

Mortgage Solutions
Written By:
Posted:
February 13, 2009
Updated:
February 13, 2009

Assurant Solutions Intermediary (ASI) has announced a new partnership with Personal Touch Financial Services (PTFS), which will see Assurant initially provide mortgage and payment protection cover through PTFS’ online quote engine.

The arrangement will see the provider also offer buildings and contents insurance from a later date.

Kevin Paterson, sales and marketing director at ASI, commented: “Its online quote engine makes it easy for advisers to find the most suitable and affordable policies to meet the needs of their clients. Many intermediaries are looking to diversify into general insurance right now to try and make up for lost income resulting from the massive slowdown in the mortgage market.”

Dev Malle, group sales director for PTFS, added: “It is important to us that we can offer our members long term sustainability, particularly given that some ASU providers are pulling out of the market just at a time when ASU protection is most needed by consumers. ASI offers this stability alongside an excellent product range.”