Composite Legal Expenses have signed a 5 year deal with Solutio Europe to offer a wide range of
assistance products to the UK broking, affinity group and schemes markets.
The deal capitalises on
both parties’ special skill sets. Solutio works with Composite on product development and then
uses its sales and marketing skills in this sector to attract the clients. Composite - through its
subsidiary Composite Assistance Limited – sources underwriters and provides the FSA-compliance,
operational infrastructure, technology and service elements.
Commenting on the relationship
Composite’s MD John Mullin says:
“We’re very excited about this deal as such a comprehensive
offering eliminates the hassle-factor for the broker or affinity group in having to source the right
products and underwriters whilst the support service Composite is providing takes the other headache away and gives a fully compliant solution. And, our relationship with Solutio Europe
generates new additional business for us. In fact, even though it’s very early days in our
arrangement, we’re already seeing a very satisfactory business flow.”
Initial products being offered
are Motor Breakdown Assistance, Domestic Emergency Assistance, Brown and White Goods
Insurance, GAP Products, Payment Protection Insurance, Warranty Products and the range of
Legal Expenses products.
Chris McDonald, Joint MD of Solutio Europe’s Business and Client
Development Operation, adds:
“With the aim of becoming the largest provider of assistance and
added- value insurance products by the end of 2006 we’re delighted to be working with a high
profile organisation like Composite allowing us to focus on delivering new products to brokers and
affinity groups giving them an edge in the competitive market place. And, there are some exciting
agreements and products in the pipeline - more of those another day!”
Notes for editors:
Composite Legal Expenses:
established in 1996, Composite is one of the UK’s leading providers of legal expenses insurance and 24/7 help-lines. As well as specialising in affinity group schemes, Composite offers a wide range of legal expenses insurances enabling brokers to tailor-make products to suit clients’ individual needs. Award-winning Composite is also a major provider of After-The-Event cover and Event Litigation Funding.
Website: www.composite-legal.com
Solutio:
established in 2003 and operating within the UK Insurance Industry, Solutio specialises in the provision of added value insurance products to a wide variety of high profile Insurance Intermediaries, Brokers and Networks. Solutio also offers database marketing services and bespoke data broking services creating additional revenue streams and new customer acquisition strategies for their clients.
Website: www.solutio-europe.com
Contact points
For further information please contact either:
Nigel Dyer or Judy Kellie at Intelligent Marketing Partnership
Tel: 01798 81 5687 Email: intelligentmktg@aol.com
or John Mullin,
Managing Director, Composite Legal Expenses
Tel: 0871 423 5240 Email: john@composite-legal.com
or
Chris McDonald, Joint Managing Director, Solutio Europe Limited
Tel: 01422 316055 Email: chris@solutio-europe.com