Founded in 2002, UKG is the UK’s largest specialist Managing General Agent (MGA), winning the Insurance Times MGA of the year award in 2014 and 2015.
The appointment, which took effect from 31 July, boosts competition among providers, increasing the number of eligible clients’ and providing even wider access our competitive panel.
Amanda Fox, Proposition, Digital and Insurer Relations director at Paymentshield, said: “We’re so pleased to welcome UK General Insurance to the panel and we look forward to working together to provide clients the protection they need.”
Paymentshield recently celebrated a record-breaking month for home insurance in June and the first six months of the year saw sales up 22% on the same period last year.
Karen Beales, Chief Executive Officer at UK General, said: “Working with Paymentshield will allow us to give more customers access to comprehensive policies tailored to their needs, which is at the core of our business. Paymentshield places huge importance on advisers getting to know clients properly and identifying the perfect solution to suit their requirements – something we too hold in high regard. Such alignment in our values is sure to signal success. We look forward to getting started.”