While continuing to focus on its core market of mortgage advisers, Paymentshield is expanding its offering to supply insurance products to tenants via the lettings market. Products available include refreshed tenant contents insurance, tenant liability insurance and landlord rent protection.
Rob Evans, managing director at Paymentshield, said: “Reaching the 25-year mark is a huge milestone for Paymentshield and we’re so proud of what we’ve achieved in that time. The fact that this year has already seen us break our sales records with insurers is the cherry on the cake and a testament to our strong proposition.
“In order to ensure continued growth, we’re partnering with a number of fintech companies with the aim of becoming a disrupter in the lettings space. With so many people living in rented accommodation now, it’s important that they have access to quality insurance products to protect their contents and that landlords have insurance to protect their investment and earnings.”