Legal & General appoints Hood Group to launch its new travel insurance product
Legal & General, one of the UK’s leading insurance providers, has appointed affinity insurance provider, Hood Group, to develop a new travel insurance proposition to support Legal & General’s re-entry into this sector of the market.
The appointment of Hood Group by Legal & General follows a competitive tender process. Under the terms and conditions, Hood Group will be providing the insurance package supported by a dedicated pricing team. Hood Group will also be providing consultancy services to help develop and implement the marketing strategy to drive sales on behalf of the new Legal & General travel brand.
John Hyde, Managing Director Direct for Legal & General Insurance, said: “Legal & General is committed to making life better for consumers, and our re-entry into the travel insurance market is just the next step in ensuring we are offering our customers a broad and competitive range of general insurance products across a variety of distribution channels. Our new travel product is comprehensive and flexible, with customers having access to three levels of cover, gadget cover as standard, and a choice of add-ons to ensure their individual needs are met. Our decision to partner with Hood Group will help to strengthen our proposition in this market.”
CEO of Hood Group, Simon Hood, comments: “We are delighted to work with an insurance brand that is respected and trusted by its customers. As a specialist in creating insurance solutions for affinity partners, we are proud to have been selected to help Legal & General re-enter this dynamic sector of the insurance market and relish the challenge ahead.”
The travel product created for Legal & General by Hood Group is underwritten by HCC International Insurance Company plc (HCC). To ensure that Legal & General travel insurance customers receive the best possible care should the worst happen and they require emergency assistance while travelling, HCC’s contracted partners Healix and Claims Settlement Agency (CSA) will provide these critical services for the duration of the agreement.