Cardif Pinnacle and Equity Insurance Group have joined forces to create a web enabled general insurance quotation system to support the mortgage lender and mortgage intermediary market.
Both companies will be working to promote and support the first4cover online quotation system, which they say will bring major benefits to salespeople promoting mortgages, including no re-keying of data for different products and competitive rates.
John Castagno, managing director of Equity's Direct Broking Division, a leading player in the UK personal lines insurance market, said: ”We believe this to be a market leading proposition which will support the promotion and sale of mortgage related products, and give a real alternative.
Christopher Schwick, chief executive of Cardif Pinnacle, added: “We aim to increase our share of the Intermediary market and firmly believe that technology and data integration is the key to supporting the Intermediary market.”
Purely Mortgages will be the first partner to take advantage of first4cover.
