High and Mid Net Worth household products for network members
The Countrywide network has negotiated a deal with Hiscox Underwriting to offer High and Mid Net Worth household products to members.
The deal means Hiscox will grant Countrywide Partner Broker Home brokers an agency and waive their standard agency support requirement, purely based on the member’s commitment to the network.
The addition of Hiscox’s High and Mid Net Worth products will increase the range of specialist products available through the Partner Broker initiative.
Ross Dingwall, UK retail sales manager, Hiscox Underwriting Ltd, said: “This is a significant move for Hiscox. The broker distribution channel is at the heart of our business and we recognise that established networks, such as Countrywide, play an increasingly important role.
“Members on the Partner Broker initiative who trade using our products will benefit from a number of attractive features including access to dedicated underwriting services, excellent rates of commission, and Hiscox’s own online quotation system.”
Nick Giddings, head of countrywide, said: “Introducing specialist insurers like Hiscox to the panel complements our existing range of providers and adds to the extensive portfolio of business classes available via Partner Broker. It provides yet more choice for members.
“The Partner Broker initiative will soon include a variety of motor products as we look to offer members improved benefits and increased discounts in a number of business classes.”
