Access Financial Services launches GI proposition to expand adviser options

Access Financial Services has launched an updated general insurance (GI) proposition for its advisers. 

The brokerage has added LV=, Paymentshield and Uinsure to its general insurance panel, aiming to give clients more choice and flexibility.

The proposition comes with support and training for advisers, including guidance and compliance feedback. 

Access Financial Services is also bringing in new procedures, such as an optional checklist for advisers to use, to help keep documentation quality high.

Karl Wilkinson (pictured), founder and chief executive of Access Financial Services, said: “Our updated proposition will create a more compliant and commercially viable framework that helps our advisers increase revenue through GI recommendations, while managing regulatory red tape and reducing unnecessary administrative burdens. 

“General insurance remains an under-utilised opportunity, and our refreshed proposition will make it easier for advisers to embed it into their advice process confidently. It’s great news for the Access FS team.

“A key part of the update is the freedom given to advisers to use any of the firm’s approved platforms – including LV=, Uinsure, The source and Paymentshield.”

Wilkinson added: “As such, this supports a customer-first approach, enabling advisers to select the most suitable platform for each customer’s needs, while still adhering to a consistent and compliant process. 

“Clients will benefit from competitive products that align with their specific requirements, whether for home, contents, or other general insurance needs. 

“By enhancing our GI offering with top-tier providers, we’re empowering our clients with access to a broader range of high-quality insurance products. 

“But this comprehensive approach will not only enhance customers’ financial security through access to high-quality, well-suited insurance options – it will also strengthens our brokers’ relationship with clients. This is a flexible, structured approach to recommending insurance products.”

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