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Ageas seals exclusive home insurance deal with Post Office

Ageas seals exclusive home insurance deal with Post Office | Insurance Business

Ageas seals exclusive home insurance deal with Post Office

Longstanding partners Ageas Insurance and Post Office Insurance have teamed up to offer the latter’s customers new home insurance products that feature three levels of cover.

The gold product provides up to £1 million of buildings cover and £100,000 of contents cover as well as enhanced insurance benefits; silver, same buildings cover plus £80,000 of contents cover; and bronze, as much as £750,000 of buildings cover and up to £50,000 of contents cover.

“Post Office Insurance is a well-known brand and we’re proud to be chosen as its trusted partner to continue to deliver its home insurance proposition,” said Ageas chief customer officer Ant Middle (pictured). “The teams on both sides have worked tremendously hard to create a fresh portfolio of products that make home insurance easy for Post Office customers.”

Aside from the core proposition underwritten by Ageas Insurance, all cover levels also afford policyholders access to a legal advice helpline as well as optional covers such as home emergency and family legal protection. The ancillary products will be underwritten and serviced by DAS UK while FirstSource will provide the dedicated contact centre.

Commenting on the exclusive arrangement with Ageas Insurance, Post Office Insurance managing director Ed Dutton noted: “We have a close and enduring partnership with Ageas built up over many years and so we knew they were the people who could make insurance easy for our customers.

“For us this isn’t just a new range of products; it’s a completely different approach as we’ve now got an Ageas trained in-house team to deliver our customer sales and service. This new product offering and exciting partnership offers us a significant platform to grow in one of our core verticals, and we look forward to working with Ageas to build a substantial presence in this market.”

Premium finance, meanwhile, will be available through Premium Credit.