Openwork ties up with Paymentshield

Arms Linking Together

The deal will see all Openwork advisers using Paymentshield's new panel proposition and will replace the existing insurer panel currently managed directly by Openwork.

As part of the new agreement, Openwork advisers will have access to Paymentshield's web-based quote and apply system.

The news came less than a week after Paymentshield was reported as being potentially up for sale from parent company Towergate.

Paul Shearman, mortgage, protection and GI proposition director at Openwork, said: "We

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