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Paradigm kicks off protection revamp with Bupa addition

by: Cover
  • 03/02/2011
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Paradigm kicks off protection revamp with Bupa addition
Paradigm has kicked off a revamp of its protection offering by adding Bupa Individual Protection’s proposition to its Elite protection panel.

The move is set to be the first of many, according to the network.

It allows the network’s Partner and Mortgage Services members to access the provider’s suite of protection products.

Those protection providers accepted on to the Paradigm Elite Panel pay enhanced commission terms to intermediaries that agree to only select products from the providers in question.

For Paradigm members, access to the panel is granted once an appropriate agreement has been signed.

Earlier this week the provider confirmed its purchase by Resolution and been completed but that it would remain as a stand alone entity for some time.

Bob Hunt, chief executive of Paradigm Mortgage Services, said the network had secured highly competitive terms for its members and promised further development of its protection offering.

“The addition of Bupa is just the first step for Paradigm in providing a much more significant and substantial protection proposition which offers a variety of products and services to advisers.

“We will be making further announcements in the very near future and we would urge Paradigm members, and other independent intermediaries, to visit the website to gain full information on how they can get the most out of this new relationship with Bupa,” he added.

Steve Casey, head of sales and product development at Bupa Individual Protection, said the insurer was delighted with the agreement and that it was looking forward to working with the network’s advisers.

 

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