Bright Grey Gears up for Individual Corporate Protection Market
Wednesday, 3 January 2007
Bright Grey, the protection specialist arm of Royal London Group, has appointed Jerry Bayman as Sales Manager (Corporate Protection) to spearhead a drive into the individual corporate protection market later this year.
Jerry joins Bright Grey from our sister company Scottish Life. Prior to that he was IFA Training and Development Manager with Royal and Sun Alliance, where he gained a strong reputation for running Business Protection seminars to IFAs throughout the country, as well as delivering the SOFA "Access to Excellence" Business Protection training programme.
Jerry will be responsible for growing the corporate protection market for Bright Grey, targeting advisers who deal with business owners, key people and high net worth individuals. His initial remit is to research the market to ensure Bright Grey develops a tailor made proposition that mirrors the needs of corporate advisers in this specialist area of the market.
Kevin Stevens, Head of Sales, says:
"We're delighted to welcome Jerry to the Bright Grey sales team. With more than 35 years' experience in the industry, he's extremely well qualified to help us identify what's needed for this specialist area of the market and grow new intermediary relationships for us. We already have a protection proposition that advisers and their clients have responded extremely well to, and we aim to replicate the success of this in the corporate market."
Jerry Bayman adds:
"I've always had a keen interest in this subject and I'm looking forward to working with Bright Grey. They're a young innovative brand and well placed to make a big impact in this important area of the market".
-ENDS-
For further information contact:
Bright Grey
Nicki Lundy
nicki.lundy@brightgrey.com
Tel: 0131 247 1677
Notes to editors:
• Bright Grey has doubled the size of its face-to-face distribution team over the past year – following Jerry's appointment it now has 14 consultants. This is in addition to an office-based team of 13 consultants.
• Bright Grey's Menu Protection Plan, aimed at individuals, was launched to the market in March 2003. This includes a choice of life, waiver, critical illness and income protection covers.
• Royal London Group is a specialist financial service provider. Its businesses focus on those sectors of the market which value premium propositions, operating through a number of brands:
o Scottish Life - UK pensions market
o Bright Grey - UK protection market
o Scottish Life International - offshore investment markets
o RLAM - fund management
o RLAS - life and pensions administration
Royal London is one of the stronger life and pension companies in the UK, with a current rating of 7/10 from Cazalet Financial Consulting, and has a particularly strong track record for with profits performance. It is also the largest mutual life and pensions company in the UK with Group funds under management of £30.8bn. Group businesses serve over three million customers and employ 2,640 people. (Figures as at 31 December 2006.)