Partnership is ‘great news’ for L&G
Legal & General has announced a five year general insurance partnership with Skipton building society.
Skipton’s customers will be able to purchase Legal & General’s building and contents insurance online, on the phone or through a branch.
The agreement was signed this month and new business and renewals will begin shortly.
Legal & General and Skipton also plan to expand the distribution partnership by offering the general insurance product on aggregator sites under the Skipton brand.
Skipton is UK’s fourth largest building society and has over 858,000 customers.
Legal & General partnerships managing director Mark Holweger (pictured) said in August that the insurer was pushing for partnerships with banks and building societies.
Holweger said: “It’s great news Skipton Building Society has chosen us as their general insurance partner, and I look forward to providing their customers with great value general insurance products and excellent customer service.”
Skipton head of products Kris Brewster said: “A property is more than bricks and mortar, it’s a home. And we’re always working to make sure our members can protect the things they love most. So after a thorough review of our home insurance offering, we’re delighted to be partnering with Legal & General.
“They’ve been insuring homes for over 90 years; and together with our 163 years of helping people save up for their dream home, we believe we’ve entered a great partnership.”