Paradigm Protect has been established to give directly authorised advisers more choice by offering them access to a comprehensive range of protection and general insurance products, and all the related support. We have negotiated market leading commission terms which are shown on the Elite Choice Panel; there are no loaded premiums on this panel meaning that customers do not pay more for their life protection in order for the adviser to earn more. To ensure advisers are not restricted in their client offering, Paradigm Protect also offers Whole of Market terms to enable advisers to access Providers that are not on the Elite Choice Panel. Paradigm also has a panel of General Insurance providers as well as access to Providers that are specialists in their field, such as Over 50s and Impaired Lives insurance.
In addition to the market leading commission terms, Paradigm Protect offers high quality support to firms, not just in the form of product material via the website, marketing support, access to innovative quotation technology and specialist protection CPD events, but also in the personnel we employ to assist firms in developing their businesses. Advisers can also opt in to receive regular industry and product updates via email communications. We also have a Protection Helpdesk to help members place complex protection cases as well as producing quarterly newsletters providing market updates. There are also several referral options in place to assist firms, for example for Private Medical Insurance and General Insurance.
Recently, the Paradigm Protect offering has been expanded to include Group Risk providers, given the developing opportunities in the auto-enrolment sector and the importance of IFAs supporting clients within SME firms.
Offering a ‘one stop shop’ for protection, Paradigm Protect aims to make the process of arranging protection for clients as efficient as possible whilst not restricting choice. There are no registration or membership fees: just a wide range of readily accessible providers and products which will ultimately facilitate the best outcome for the client.
Registering to become a member of Paradigm Protect is quick and simple. Please see here for information on how to register.