Paradigm launch GI referral opportunity

Paradigm Mortgage Services, the mortgage partnership proposition, has today (1st May 2008) launched a General Insurance (GI) referral service for its members in conjunction with T&R Direct Insurance Services.

Members of Paradigm are now able to refer client’s details to independent insurance intermediary, T&R Direct, who provide virtually a whole of market GI offering. Initially, referrals will be accepted for clients looking for Building and Contents’, ASU, Landlords’ and Car Insurance.

Following the referral of the details T&R Direct will contact the client on the adviser’s behalf to offer them advice and a quotation. In this way advisers are able to offer a GI service while keeping hold of the client relationship and receiving a generous commission for the referral.

John Coffield, Head of Paradigm Mortgage Services, commented:

“Paradigm Mortgage Services exists to help our members develop and grow their businesses through a wide choice of services. The introduction of our GI referral offering is the latest enhancement to our member menu and will allow referring advisers the opportunity to use one of the UK’s best independent insurance intermediary firms, T&R Direct Insurance Services. Those advisers who do not currently advise on or sell GI products can use the referral service to ensure their clients have the necessary insurances and, in doing so, boost their income. We believe this will be a popular service for Paradigm members and look forward to working with T&R Direct to develop the proposition.”

Lee Taylor, Principal at T&R Direct Insurance Services, said:

“T&R Direct Insurance has built a reputation for good honest and ethical customer service, and the ability to deal with broker’s own customers in the same way they would deal with them; in essence we become the general insurance arm of the mortgage broker. T&R Direct are able to quote from a large panel of UK-based insurance companies, (including Lloyds of London) and can offer virtually the whole of market when it comes to insurance providers. In a sense we are the mortgage broker’s comparison site when it comes to Buildings and Contents and Landlord Insurance. T&R Direct looks forward to working with all the Paradigm members, and welcomes calls from those firms looking for further information.”