i-Brokers Teams with Royal London 360 to Provide Cutting-Edge Life Insurance Options
i-Brokers is pleased to announce a new strategic partnership with Royal London 360Â (RL360) to offer life insurance products to clients globally. The partnership between RL360 and i-Brokers represents a forward-thinking approach to enhancing customer experience and accessibility to comprehensive insurance plans for expats.
i-Brokers and RL360 are setting new standards in the insurance industry with their recent partnership. This collaboration is designed to simplify the insurance buying process, making it more accessible and user-friendly. By incorporating RL360’s comprehensive products into the i-Brokers platform, customers are presented with a variety of choices, all in one place. This not only saves time but also helps customers make more informed decisions about their life insurance needs. Through this partnership, i-Brokers will leverage its technological infrastructure to facilitate seamless access to RL360’s life insurance plans, which are tailored to meet a diverse range of expat needs and expectations. RL360 benefits from this partnership by tapping into i-Brokers’ innovative distribution network in Asia, extending its reach to a broader demographic.
By providing a plethora of choices and transparent access to information, the partnership between i-Brokers and RL360 aims to give expats more control when choosing insurance. With more choices and transparency, customers can better understand and select the plans that work for their requirements.Â
Royal London 360 is a leading international life company that provides protection, savings, and investment solutions to customers around the world. Royal London 360 (RL360) is part of International Financial Group Limited (IFGL). IFGL provides investment, savings and protection solutions to international investors around the world,
- Global Reach: Royal London 360 operates globally, reflecting its commitment to serving international investors.
- Client Base: The company boasts a substantial client base, with 216,000 customers worldwide.
- Financial Strength: It manages assets under administration worth USD 23 billion and employs 570 staff members.
- Ratings and Recognition: The company has earned a B+ rating from actuarial consultancy AKG and holds a 5-star service rating, highlighting its reliability and quality of service.
- Product Range: Royal London 360 offers a variety of products, including offshore savings, protection, and investment products. These are tailored to both expats and local nationals around the world. Key products include regular savings plans, lump sum investments, life insurance (LifePlan), investment platforms (wraps), and trusts for tax and succession planning.
They offer a range of products designed to meet the diverse needs of expatriates and local investors, such as retirement planning, wealth management, estate planning, and education funding. Royal London 360 is committed to delivering excellent customer service, innovative products, and competitive returns. They aim to be the preferred choice for international life solutions.
In 2022, Royal London Group paid 99.4% of all claims received, helping over 79,000 customers and their families.
The foundation of RL360’s success is its robust network of agents, partners, and digital channels, all of which ensure comprehensive coverage and accessibility for its customers.Â
Regarding the new partnership, i-Brokers Director Michael Smith said:
Conclusion
To conclude, by combining i-Brokers’ expertise as an online insurance broker with Blue Cross’ global presence, the two firms aim to enhance accessibility, affordability and convenience for customers seeking quality healthcare coverage worldwide. This partnership signifies the growing recognition across the insurance industry of the need to adapt products and services to the digital age.Â