NatWest partners with Uinsure

UK bank NatWest Bank has partnered with insurance broker Uinsure to launch a home insurance offering for customers and non-customers.

NatWest has also launched its Home Insurance Tracker through its app, allowing customers to upload and monitor the price and coverage details of an existing policy, regardless of the insurer.

“Alongside providing quality cover at a competitive price with a quote in seconds, the Home Insurance Tracker means our customers no longer have to keep checking whether they’re getting a fair deal, because we’ll do it for them, even if their cover isn’t with us. As a bank that supports one in three UK families, we understand the importance of making everyday financial decisions simpler. The Home Insurance Tracker makes insurance genuinely simple to manage.” – Toni Powling, head of insurance at NatWest.

“For a bank of NatWest’s scale to put Uinsure’s technology at the heart of its home insurance offer is a significant moment, for us and for the market. It shows that when the right technology exists, institutions with millions of customers can deliver insurance in a way that genuinely works, with a panel of leading insurers competing at purchase and at every renewal. Our insurance tracking technology puts customers in control in a way they haven’t had before and directly answers the challenge of switching hassle so many told us about in the research. This partnership is the latest example of us redefining how cover is offered.” – Lauren Bagley, chief distribution officer at Uinsure.