Unit-linked insurance-based wealth structuring solution provider Lombard International Assurance has launched a distance selling process to provide further support to clients and partners during the coronavirus pandemic.
The strategy is available across Lombard International Assurance’s 12 markets in Europe.
The process, part of the company’s business continuity and servicing plans, enables subscriptions to policies to be completed remotely, in a “fully compliant, secure and efficient manner”.
The firm said that the strategy was put in place to help its network of brokers, agents, asset managers, private and custodian banks, family officers and wealth advisers, who are working and interacting with their clients remotely.
Adjusted processes
Stuart Parkinson, group chief executive of Lombard International Assurance, said: “During these unparalleled times, it is our absolute priority to be by our partners, clients and our colleagues’ side.
“As a global organisation, we have adjusted our infrastructure and processes to ensure we continue to serve all our stakeholders.
“I’m really proud of the team who have delivered a new agile and innovative process in short order. The launch of this distance selling process across Europe is a formidable illustration of this effort.”
