HLPartnership Expands GI Panel with Three New Insurance Providers: A Boost for UK Mortgage Network
HLPartnership (HLP), a prominent name in the UK mortgage networks, is set to enhance its General Insurance (GI) offerings significantly. This strategic expansion not only broadens the panel from two to five providers but also aims to meet the diverse needs of advisers and their clients, making it a compelling development in the insurance landscape.
Expansion of General Insurance Panel
The recent announcement by HLP introduces three new providers to its General Insurance panel: The Source, Uinsure, and 3XD. These additions complement the existing offerings from LV= and Paymentshield, creating a more robust selection of insurance products.
Reasons for the Expansion
This expansion is primarily driven by feedback from advisers, aiming to provide a wider range of GI solutions and increased flexibility. Here are key motivations behind this decision:
- Enhanced Product Range: By adding new providers, HLP can offer a greater variety of insurance products.
- Improved Adviser Support: The new partnerships focus on delivering superior technology and dedicated support for advisers.
- Market-Leading Solutions: HLP is committed to maintaining a competitive edge in the insurance market.
New Providers and Their Expertise
The three newly added providers bring unique strengths to HLP’s GI panel:
- The Source: Known for its cutting-edge technology, The Source offers a seamless digital experience for both advisers and clients.
- Uinsure: Specializes in streamlining the GI process, providing instant quotes and extensive coverage options.
- 3XD: Focuses on tenant and landlord insurance, further enriching HLP’s product offerings.
Training and Support for Advisers
To facilitate this transition, HLP is launching a series of training webinars for its advisers. These sessions will cover:
- New providers’ insurance offerings
- Underwriting processes
- Technology integrations
This initiative ensures that advisers are well-equipped to recommend suitable coverage for their clients confidently.
Commitment to Evolving Needs
According to Matt Brown, propositions director at HLP, “At HLP, we continuously review and refine our proposition to ensure it meets the evolving needs of our members. Expanding our GI panel provides advisers with greater choice and flexibility, enabling them to offer the best solutions for their clients and deliver good consumer outcomes.”
The addition of The Source, Uinsure, and 3XD significantly enhances the breadth and depth of GI options available across HLP’s network, reinforcing HLP’s commitment to providing market-leading products and support.
For more information about HLP’s offerings, visit their official website at HLPartnership.
For insights on General Insurance trends, check out Insurance Times.
