Select & Protect Announce 92% Household Policy Growth

General policy provider Select & Protect has today announced a growth of 92% in its flagship household Median insurance product over the last few months, thanks largely to its ‘elements’ programme which has helped expand its distribution infrastructure.

The insurance group announced today in front of press that its leading ‘elements’ proposition has been responsible for a large proportion of the growth it has seen in its general insurance products over the last few months, as well as being important in the development of broker relations.

The ‘elements’ proposition is an innovative application that allows insurance brokers across the country to promote word-for-word quotes on a standard policy basis, underwritten by Allianz, Zurich and Norwich Union.

Select & Protect has become known in the insurance market for its trailblazing innovation in price value and customer care. The elements proposition is designed to satisfy both consumers and brokers, a factor that many have held important to its recent successes.

Sources within Select & Protect have heralded the product as groundbreaking and revolutionary, satisfying totally the needs of the ever changing marketplace for insurance products of this nature.

Additionally it has had a profound impact on the extent of the Select & Protect distribution network, which has seen an increase of 400 members since its launch several months ago spanning the length and breadth of the country, and broadening the Select & Protect consumer reach.

Much of the growth has been overseen by Select & Protect’s sales boss Paul Firkins, who has been charged with the responsibility for working with the product and the existing broker network to ensure seemless integration, whilst also in establishing new network connections

In his statement today, Firkins applauded the ease of use and value offered by the elements product as the key to its overall success over the last few months.

Category: Business Insurance News