National aggregator eChoice has announced a partnership with leading risk insurance specialist, ALI Group, to incorporate mortgage protection into their core service offering for brokers and borrowers.
General manager of products and services for eChoice, Kon Shizas, says this latest partnership will contribute significantly to the company’s progressive customer service platform for brokers, enabling them to easily diversify their business.
“Being able to offer ALI Group’s mortgage protection products, combined with their BDM, marketing and systems support allows our brokers to protect a broad demographic of borrowers, while diversifying their income stream. It is another key stage in the development of a recognised industry best practice model, whilst continuing to exercise our duty of care,” he said.
“Loan protection has always been an important element to consider for a growing number of astute borrowers, so the formalisation of this partnership with ALI will allow eChoice brokers to offer mortgage protection as an essential part of the application process.”
ALI Group CEO Huy Truong says the partnership with eChoice is another example of how ALI can provide a superior mortgage protection solution for the broker market.
“We are proud to be the leading mortgage protection partner to the industry and reinforces our strategy of being the only life insurance business singularly dedicated to the broking industry.”
This announcement comes a week after eChoice announced a referral partnership program with Allianz for home, landlord and motor insurance.