The new savings and investment products, to be called the Infinity Wealth and Infinity Access plans, will give clients the opportunity to invest in an extensive range of funds managed by some of the world’s largest asset management companies.
The products will utilise Hansard’s online platform, allowing Union Insurance’s Infinity clients and their financial advisers access to secure, personalised contract data and fund research tools to help them in monitoring their portfolios around the clock.
“Our intuitive online adviser and client platforms, slick back-office administration systems and relentless quest for customer service excellence have long set us apart from our peers in the industry,” said Gordon Marr, chief executive of Hansard.
“The decision by a company as highly regarded as Union Insurance to appoint Hansard to support their new ‘Infinity’ product range is the ultimate endorsement of this,” he said.
Isle of Man-based Hansard, which is part of the FTSE-listed Hansard Global, announced last week that it had formed a new strategic alliance with Union Insurance, which is regulated by the UAE Insurance Authority and listed on the Abu Dhabi Securities Exchange.
The IA licence allows companies to conduct both life assurance and insurance-related fund business in the UAE as well as general insurance in the country, and covers both insurance brokers and insurance providers.
