Fortis Life sets sights on national and network IFAs

Scott Sinclair
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Fortis Life is set to target national and network IFA propositions as it seeks to build on its UK market share.

The insurer says it has already established itself with a number of protection specialist brokers, such as LifeSearch, but will now press ahead with wider distribution roll-out plans. It today reports new annual premiums totaling £6.4m for the 12 months to 30 June - its first year of trading - and says it now provides cover to 38,500 customers and boasts an IFA market share, according to ABI figures, of 3.4%. Meanwhile, parent company Fortis UK, previously part of Fortis Group's European division, will now be treated as a separate operating entity. Fortis Group says the move reflec...

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