FirstAssist providing accident, sickness and unemployment products to Advent Solutions
FirstAssist Insurance Services has been appointed to provide white-label accident, sickness and unemployment products to Advent Solutions Management Ltd to sell through their GISecure branded distribution.
FirstAssist will provide short-term Income Protection and Mortgage Payment Protection Insurance. These will be branded as GISecure and sold through intermediaries via Advent’s GISecure web based platform. Advent is also planning to sell these products direct to consumers via affiliate websites.
FirstAssist has won a five-year contract to provide the underwriting and claims capacity for new business only.
Alistair Hardie, managing director of speciality insurance said: “We are committed to changing the face of white-label insurance, providing flexible and bespoke solutions at competitive rates. GISecure is a successful and popular platform and we are delighted to be part of its future growth in partnership with Advent.”
“This win further demonstrates our ability to support some of the biggest names in the protection insurance sector including British Insurance, Personal Touch Financial Services and Select & Protect. FirstAssist has ambitious growth plans and this win is a significant milestone in helping us achieve our objectives.”
Advent sales director Paul Dunlop said: “We wanted to work with a major player with the infrastructure in place to satisfy our clients’ demands, but that could tailor the products to our precise requirements. FirstAssist has a proven track record in bespoke white-label products that will appeal to mortgage brokers and financial advisers, and we look forward to working with them to further grow the GISecure platform.”
