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News

Iress selected by National Friendly to drive expansion strategy

04/02/2022

Iress announced today that insurer National Friendly is live on The Exchange to drive growth in its over-50s Life Assurance and Income Protection products.

National Friendly is a Bristol-based mutual society founded in 1868, and supports members with a range of wealth, healthcare and protection needs. It has selected Iress’ market-leading quote and apply portal for financial professionals, The Exchange, to expand the distribution footprint of its protection offering.

Iress’ executive general manager, commercial, Dave Miller said: “We’re delighted to partner with National Friendly on its first foray into the portal space. With over 38,000 users and covering all major providers, The Exchange will enable National Friendly to rapidly drive growth. We’re looking forward to increasing that pace of change even further as new products go live in the coming months.”

National Friendly’s head of sales & marketing, Oliver Jones said: “Iress will allow National Friendly to scale up and expand our distribution capabilities. The Exchange covers a large part of the market and gives us the ability to offer a wider range of products to a wider range of people. In addition, at National Friendly we want to work with people that have the same values as us. We pride ourselves on our relationships both with our customers and our partners and Iress clearly has the same philosophy. We’re looking forward to a successful partnership.”

National Friendly is a trading name of National Deposit Friendly Society Limited. Registered office: 11-12 Queen Square, Bristol BS1 4NT. Registered in England and Wales no. 369F. National Deposit Friendly Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 110008. You can check this at: https://register.fca.org.uk. National Deposit Friendly Society Limited is covered by the Financial Services Compensation Scheme and Financial Ombudsman Service.