New move into debt management market

Select & Protect has signed an exclusive deal with free debt solutions provider Payplan to offer their customers it’s range of general insurance products.

Paul Firkins, head of sales at Select & Protect, said: “We are pleased to be working with Payplan in delivering a home insurance solution to their growing customer base and look forward to a long and mutually beneficial partnership.”

This is one of the first publicised examples of Select & Protect working in partnership with companies in new markets where the whole proposition can be designed specifically for the audience involved.

Firkins added: “More and more businesses are forming partnerships to develop loyalty and cross selling into their customer base. It’s a model that not only works but is proven to generate additional income, extend brand reach and add value to the customer experience.

"Research shows that the Affinity market is one that will continue to grow through 2008 rapidly and one which we are able to deliver a compelling and sustainable insurance proposition to.

“We are very pleased with the link between Select & Protect and Payplan. Their commitment to GI will enable them to complement their core business of helping customers who may be in financial difficulty, by offering them a comprehensive and price competitive home insurance policy that will inevitably help towards reducing their monthly outgoings”

John Fairhurst, managing director of Payplan, said: “We commit to helping our clients get out and stay out of debt.

"Minimising their expenditure on essentials like home insurance, while maintaining the right level of protection, is a vital part of our service. We believe Select & Protect are the right provider to help us meet this increasingly demanding agenda.”

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