Legal & General partners with Co-operative Bank for home insurance
UK-based Legal & General is partnering with The Co-operative Bank to offer a range of home insurance products.
The new partnership enables Legal & General to offer its household products; Everyday Home Cover (silver) & Home Cover Extra (gold), utilising the new SmartQuote quote facility; to Co-operative Bank customers through the bank’s website and also through a telephone service.
Legal & General claims that its SmartQuote tool gives customers a quote in 90 seconds for buildings and/or contents cover, with no form-filling, using data and technology to underwrite the risk and enhance the customer experience. This is the first time the SmartQuote technology has been available through a partnership and until now was only available to direct customers of Legal & General, the company said.
Cheryl Agius, CEO general insurance for Legal & General, said: “Consumers are increasingly purchasing services on their phone and the retail sector is well advanced in the mobile market. Consumers want to buy insurance quickly and easily and our new SmartQuote technology allows customers to obtain a quote for the cover on their phone or direct in seconds. We look forward to working together with The Co-operative Bank to continue to evolve this customer centric proposition now and for the future.”
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