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Paymentshield In The News
Sunday, January 04, 2009
- Towergate has bought Paymentshield, the UK’s largest independent supplier of mortgage related general insurance products
- November 2006
Under the terms of the deal, Paymentshield will remain an independent business, but now becomes a sister company of Towergate Partnership, Europe’s largest independently owned insurance intermediary. Read full press release
- Paymentshield reports a 23% increase in personal possessions cover take-up as the number of muggings rises
- August 2006
New figures released today by Paymentshield, the largest independent supplier of mortgage related general insurance products to the intermediary sector, reveal that there has been a 23% increase in the take up of personal possession cover over the last 12 months. Read full press release
- Paymentshield reports an 88% increase in Landlords B&C policies as B2L celebrates its 10th birthday
- August 2006
New figures released today by Paymentshield, the largest independent supplier of mortgage related general insurance products to the intermediary sector, reveal that there has been an 88% increase in the numbers of Landlords B&C policies taken out over the last 12 months. Read full press release
- Southport based Paymentshield ranked as one of the UK's fastest growing companies
- June 2006
Paymentshield, the Southport based general insurance provider for intermediaries, has been recognised as one of the UK's top 100 fastest growing companies. Read full press release
- One in two homeowners reluctant to take out MPPI
- June 2006
PPI investigation causing confusion among consumers - leaving many under protected. Read full press release
- Paymentshield launches new Broker Support Team
- May 2006
Paymentshield today announced the launch of its new broker support team. Read full press release
- Paymentshield completes management team with appointment of Compliance Director
- May 2006
Paymentshield, the largest independent supplier of mortgage related general insurance products to the intermediary sector, has completed the structure of its management team with the appointment of Graham Johnston as Compliance Director. Read full press release
- Paymentshield reports over 40% increase in Premium Income, record sales in Q1 2006 and a review of underwriting contract
- May 2006
Paymentshield has reported premium income of £186 million for the last financial year up by 42% from £132million the previous financial year. Read full press release
- Paymentshield Ranked as UK's 58th Fastest Growing Company
- April 2006
Paymentshield, the largest independent supplier of mortgage related general insurance products to the intermediary sector, has been recognised as one of the UK's top 100 fastest growing companies. Read full press release
- Paymentshield Welcomes HIPs Timeline
- 27 March 2006
Chris Traynor, Sales & Marketing Director at Paymentshield welcomes the government announcement of a timeline for HIPs. Read full press release
- Paymentshield launches offline Landlord Quotation Facility
- 15 March 2006
In response to the growing demand for buy-to-let property, Paymentshield today announced the launch of its BestQuote Landlords Buildings & Contents insurance onto Inertia, Paymentshield's market leading quotation service. Read full press release
- Paymentshield launches new website
- 09 January 2006
Paymentshield, the largest independent supplier of mortgage related insurance products to the intermediary sector, is delighted to announce the launch of its new website - www.paymentshield.co.uk. The updated and improved website has been designed to meet the specific needs and requirements of all intermediaries, as well as giving consumers information on their Paymentshield products and policies. Read full press release
- Regulation burden takes its toll
- January 2006
A new survey by Paymentshield, the largest independent supplier of mortgage related general insurance products to the intermediary sector, reveals that three quarters of intermediaries experienced a drop in sales of MPPI (Mortgage Payment Protection Insurance) during the second half of 2005. Read full press release
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Percentages of UK households obtaining insurance cover:
| Buildings Insurance |
64% |
| Home Contents Insurance |
77% |
| Mortgage Protection Insurance |
21% |
Source: Association of British Insurers 2003/4 |
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