Half of Openwork advisers now on protection panel

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Almost half of Openwork's advisers have moved onto its protection panel since it launched 12 months ago.

Openwork Select features five providers (Aegon Scottish Equitable, Friends Life, Legal & General, Zurich and LV=) which collectively account for almost 40% of the protection market. The network said users had been writing around 20% more protection business as a result of an increased focus on income protection and critical illness. Paul Shearman, mortgage, protection and general insurance proposition director at Openwork, added: "For so many users to have adopted the panel demonstrates how important protection has become for clients. "As advisers increasingly seek to diversify we ...

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