News & Events

Identity Theft

The fastest growing crime in the UK, identity theft currently costs the UK economy £1.7 billion per year.  Not only can identity theft cost consumers money, it can also mean tiresome paperwork and a damaged credit rating.  Lexelle’s policy addresses these elements, providing 24 hour telephone and online support, an advice service and a dedicated case manager.

As Sales Director for Lexelle, Mike Brown found the comments of delegates very useful, “It’s our policy to constantly review our products to make sure they’re the most competitive, so we found the broker’s feedback invaluable.  The highly experienced team we created to develop the range are already tailoring product features in response to the feedback.”

Jon Bostock is Joint Managing Director of Lexelle, “Spelling greater profits and an easier life for brokers, car market research indicated that it would prove an attractive range, but even we were pleasantly surprised at how high the interest was.”

Differentiated to provide choice and add value to both consumers and brokers, there are 22 products in the new range, which includes: Second Property (covering both foreign property and landlords policies), Motor, Family and Household, Commercial and Financial Protection.

Within the core products, Lexelle has introduced a three tier system, which provides brokers with an easily structured way in which to cross and up sell, mutually benefiting brokers with increased profit margins and consumers with added value services.

Lexelle can also tailor and brand specific policies and claims handling schemes to each broker’s requirement, providing them with the marketing support to personalise products and services, such as branded literature.

With close links to a leading firm of solicitors, Lexelle offers direct access to quality legal services, affording brokers a rapid response to even the most complex legal queries. 

Celebrating its 10th anniversary this year, Lexelle, has previously supplied its products only to direct insurers.  It has the ability to handle volume legal expenses underwritten by top UK insurers.