The Right Mortgage and Protection Network are launching their dedicated PMI division including access to Individual, Corporate, and SME PMI schemes.
Amanda Wilson, who is heading up The Right PMI, says: “We have been involved in the PMI marketplace for a number of years both here and at our previous network. PMI is a specialist subject with specifically trained sales people. The market is massive and very much undersold. We are unique in the network space for providing a specialist unit for PMI advisers.”
The Right Mortgage and Protection Network will be working with innovative health insurer VitalityHealth to encourage new advisers to the PMI market.
Greg Levine, Director Corporate and Intermediated Business at VitalityHealth, says: “Working with the Right Mortgage and Protection Network enables us to collectively grow the market through sales of PMI to a non PMI specialist market. Through 160 field-based consultants, VitalityHealth is able to train and support advisers and firms that are new to PMI. We are also able to utilise our Vitality Academy programme to provide advisers with learning and development support on our products and around our core purpose of making people healthier.”
The Right Mortgage and Protection Network will provide a supportive home for PMI advisers with their in-house training academy. This facility will deliver the provision to advisers looking to get involved within the PMI market along with the backing of PMI providers.
Oliver Jones, Business Development Manager, April UK, says: “We see that working with the Right Mortgage Network will only help to add value to your existing portfolio.”
The Right Mortgage and Protection Network have projections to increase the PMI sales division to 50 advisers by the end of 2016.
The Network has also announced the official launch date of their new product referral service which is 1st August 2016.