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New insurance offering for YBR and Vow brokers

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Reporter 4 minute read

Brokers in the Yellow Brick Road and Vow Financial networks will now be able to offer clients Suncorp’s Vero general insurance products, following a new corporate agreement.

The “exclusive corporate partner agreement” between the Yellow Brick Road Group (YBR) and Suncorp will enable YBR and Vow Financial brokers to offer their clients a range of insurance options as well as access to Vero’s customer service team in the event they need to make a claim.

The five-year partnership enables brokers to offer their clients Vero’s home, motor, landlord and removals insurance, among other insurances.

YBR’s executive chairman, Mark Bouris, said he hopes the partnership will deliver better outcomes for clients.

“We spent a lot of time looking at the market to make sure we were providing the best products for our clients. Partnering with Vero will ensure our lending and wealth clients get the protection they need,” Mr Bouris said.

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‘Intermediaries are an important part of our business’

Suncorp’s CEO of customer marketplace, Pip Marlow, said that the partnership would give YBR clients the option to select their insurance products when they are arranging their home or vehicle loan, regardless of whether they are borrowing from Suncorp Bank or another lender.

“Our Vero brand offers a broad range of home and motor insurance policies suitable to meet a variety of lifestyles and budgets,” Ms Marlow said.

“Intermediaries are an important part of our business and we see a natural fit between YBR and Vero — a specialist in intermediated insurance solutions.

“This arrangement reflects our commitment to delivering greater value for our partners and their clients by giving them easy access to our services and solutions through a channel that suits them best.”

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[Related: How Effie Nicol makes a difference]

New insurance offering for YBR and Vow brokers
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