- Working with a panel of trusted insurers will drive more competitive pricing for customers
- Move will also allow John Lewis Money to cover more customers and circumstances
- New home insurance products to launch in April, followed by car insurance in summer
John Lewis Money has announced a stepchange for its insurance offer, working with a carefully selected panel of leading and trusted home insurers to offer customers broader cover and more competitive quotes.
This follows the move by John Lewis Money to become an FCA-authorised insurance broker, meaning the financial services business can offer more choice in home and car insurance to even more customers.
Moving to a panel model – rather than relying on just one insurance partner – will drive more competitive pricing for customers.
By broadening its network of insurers, John Lewis will no longer be limited by the eligibility criteria of one provider, meaning it can offer cover to a much wider range of customers.
In addition, the move gives John Lewis Money greater control over what’s included in the policies and, as a res