Groupama has linked up with Source Software to offer its home insurance products to a wider market.
The arrangement with Source Software will allow Groupama to access 8,000 specialist mortgage brokers and IFAs.
Kate Mutter, head of intermediary solutions at Groupama, said: “Source is one of the UK's leading providers of comparative quotation sourcing software to the mortgage, insurance and assurance markets. This presents a really valuable opportunity for us and will allow us to access a substantial new distribution source that will offer a rich vein of business for our growing home insurance portfolio.
“One of the benefits of this initiative is that it will allow us to take advantage of our investment and knowledge in electronic trading. By streamlining the whole quotation and sales process for brokers and intermediaries from the initial interaction with the client right through to the back office administration, Groupama and Source make it easier than ever for these specialist intermediaries to obtain quotes for buildings and contents insurance. This supplements their core mortgage related activities and with cover invoked quickly and efficiently, we can really enhance customer service.”
Mick Cairns, insurance relationship manager at Source Software, said: “We are delighted to add Groupama to our select panel of insurers, helping to provide mortgage brokers and IFAs with a wide range of competitive household quotes for their customers. By working closely with Groupama we have created an extremely impressive and innovative household solution in a very short period of time, adding real value to the Source offering.”
