Suncorp has expanded its partnership with Yellow Brick Road Group (YBR) in a new deal that will see
Vero’s general insurance products offered through the YBR-branded and Vow Financial broker networks.
The exclusive corporate partnership agreement strengthens the existing relationship between Vero’s parent company and the wealth management firm, which already includes access to lending services through Suncorp Bank.
The five-year deal will provide YBR and Vow Financial clients with a range of Vero-branded home and motor insurance options, as well as access to the insurer’s customer service team in the event they need to make a claim.
Pip Marlow, Suncorp CEO for customer marketplace, said the tie-up will give YBR clients the option to select their insurance products at the same time they are arranging their home or vehicle loan – with Suncorp Bank or with another financial institution.
“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,” Marlow said.
Mark Bouris, YBR executive chairman, said teaming up with Vero will ensure YBR’s lending and wealth clients will be provided with the best products and the protection they need.
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