Abbey strikes alliance with Bankhall on protection distribution deal

A total of four protection providers have been appointed to the panel, offering Bankhall Mortgage’s existing 1,400 members the opportunity to switch with immediate effect. Intermediaries who join the new panel will be able to take advantage of marketing, training and technology support, all of which will be invaluable in the regulated market.

The panel will offer access to a range of protection products for the mortgage market, including Abbey’s award-winning Critical Illness Cover, Death Benefit and Disability Income Benefit.

Abbey for Intermediaries Director Ambrose McGinn, said: “This strategic partnership with Bankhall is an excellent opportunity for us to widen distribution of our market-leading products. We are naturally delighted to be appointed to this preferred panel, bringing additional support, the latest technology and training advice to our intermediary customers.

“This link up with Bankhall is the first of a select number of strategic alliances that we aim to develop as regulation of mortgages and protection industry draws closer.”

Simon Taylor, Joint Chief Executive of Bankhall Investment Associates Ltd, said: “This alliance with Abbey and other partners demonstrates our commitment to delivering real benefits for our members. By joining forces with the leading providers in the market we are ensuring members have access to not only the correct support, but an excellent choice of quality products to meet their clients’ needs.”