SimplyBiz Mortgages enters PMI referral partnership

clock
SimplyBiz Mortgages enters PMI referral partnership

SimplyBiz Mortgages has launched a PMI referral service for its members, run in partnership with specialist PMI brokers Medisurance.

The service will help members place both group and individual schemes with Medisurance, providing all necessary support and cover for all regulatory requirements.

The proposition will include both initial and renewal commission.

Martin Reynolds, CEO of SimplyBiz Mortgages, said: "We have offered members access to a number of products areas over the years, from commercial lending to protection on a referral basis, and the PMI referral service is an extension of this tried and tested formula. 

"PMI is definitely undersold, but should form an integral part of the protection and wellbeing aspect of the adviser/client relationship. We have worked closely with Medisurance to ensure members' have access to the best service."

Kevin Simmonds, managing director of Medisurance, added:"SimplyBiz Mortgages is our first affinity partner and we are delighted that it has chosen to partner with us. We provide specialist support in an underserved market.

"We are looking forward to working with SimplyBiz Mortgages members to help them extend their product offering."

 

More on Group Protection

Ruth Taylor: Challenging loneliness

Ruth Taylor: Challenging loneliness

“My goal was to help them to help themselves”

Ruth Taylor
clock 12 May 2022 • 3 min read
Group risk claims paid out in 2021 rose to £2.2 billion

Group risk claims paid out in 2021 rose to £2.2 billion

Cancer most common cause for claims

Hemma Visavadia
clock 12 May 2022 • 1 min read
Unum UK launches Cancer Assist for group life insurance

Unum UK launches Cancer Assist for group life insurance

New support service

Hemma Visavadia
clock 09 May 2022 • 1 min read

Highlights

First episode of The COVER Review goes live!

First episode of The COVER Review goes live!

New monthly programme

John Brazier
clock 21 April 2022 • 1 min read
The Rising Stars of Protection: Adrian Benjamin

The Rising Stars of Protection: Adrian Benjamin

"Getting into the insurance industry is very difficult, I had to fight my way to get in"

Hemma Visavadia
clock 20 April 2022 • 6 min read
Where protection meets sustainability

Where protection meets sustainability

"Being a sustainable business means more than just meeting climate targets"

Hannah Godfrey
clock 19 April 2022 • 7 min read