GE Money selects Heath Lambert to provide home insurance

GE Money Home Lending, one of the UK's leading specialist lenders, has selected Heath Lambert Group, the UK's leading independent insurance broker and employee benefits consultancy, to offer its customers a competitive new home insurance product combined with a high quality of service.

At the end of last year, GE Money Home Lending undertook a rigorous tender exercise to select a new partner for its home insurance services. It enlisted the services of Nnable, a specialist insurance consultancy, to manage the tender process and support the selection of a supplier to provide a full outsourcing service with experience of major portfolio transfer.

As a result of its extensive experience in the mortgage lending market, coupled with its response to tender, Heath Lambert was successful in winning the business. In January 2008, an ambitious target of just 3 months was agreed to launch a new business service and commence the migration of existing policies, and this was successfully achieved.

Duncan Berry, Director of Secured Lending at GE Money Home Lending commented: "Following several acquisitions, we needed to find a new solution which would work effectively both for our customers and our own business needs. I am confident that in Heath Lambert, we have found both the right product and an expert partner. Working with Heath Lambert, we have been able to enhance our home insurance proposition and deliver the kind of service levels our customers expect. The scheme, which was officially launched last month, is available not only to our customers but also to our staff."

Steve Bartlett, Managing Director of Heath Lambert Insurance Services Wholesale, commented: "I am absolutely delighted that we have been selected to partner with GE Money in launching this first class business. Despite the challenging timeframe in which we needed to deliver the new proposition, our experienced team has worked hard to ensure that the launch date was met, and we are looking forward to working with GE Money Home Lending to ensure the continuing success of the scheme."