Brokers diversify into protection as credit crunch hits

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Brokers hit hard by the credit crunch have started to diversify out of mortgages and into other areas including protection, according to lead distributor paaleads.com.

It says there has been a noticeable shift in broker behaviour especially from those in the sub-prime areas. Some of the more savvy brokers are taking this opportunity to re-evaluate their business and diversify their client base, paaleads.com says. “We have seen a small but significant shift in the desirability of certain lead types. Many brokers that would have traditionally stuck to mortgage leads are now looking to diversify into different areas – in particular, protection leads are looking more popular,” Vanessa Blount, head of paaleads.com, says. "By extending the range of lead t...

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