Lutine Assurance Services, part of Ryan Specialty Group, has signed an agreement with leading UK broker Aston Scott to provide group and business protection for Aston Scott’s SME customer base.
The agreement, which is effective immediately, will see Lutine’s specialist products, such as key man and group life being offered to Aston Scott’s SME client base.
Andy Coles, Lutine business director, said: “We are delighted to extend our niche and specialist proposition through Aston Scott. We are already writing SME and key man through their branches, but also exploring new revenue streams, including HNW health products which we believe have appeal to sub 100-FTE SMEs.
Aston Scott Group CEO Peter Blanc said: “We have been seeking solutions to enable us to provide added-value products. The partnership with Lutine will enable us to improve our competitive edge and give something extra to our SME clients.”
Coles said that Lutine is firmly focused on developing its niche and specialist strategy in the life and commercial market, as well as through its existing P&C UK distribution arm. “We expect to sign more of these deals during the next few months, as we seek to double the size of Lutine and make it a leading player in the niche UK life space,” he said.
Lutine Assurance Services is a wholly owned subsidiary of RSG and a fellow Group Company of Direct Group. Lutine acts as a marketing and service company; underwriting, accepting and managing individual, group life and scheme other scheme related risks received via the intermediary market.
Established in 1989, Lutine was created to act as a marketing, administration and service company for a consortium of Life syndicates at Lloyd’s of London.
As a business we provide a wide range of individual and corporate protection based products to some of the largest insurance businesses in the United Kingdom helping to look after the interests of over 30,000 individuals.
About Aston Scott
Aston Scott Ltd is a truly independent insurance broker. We are committed to providing a rapid, professional and personal service to all our clients. Aston Scott Ltd is the insurance broking business of Aston Scott Group that also includes the risk management expertise of ASG Risk Management Ltd. Please contact us if you would like to know more about the range of products and services we can offer to assist our clients.
For more information please contact: Ben Welsh, Certus Ltd – 07568 382040