• 9 out of 10 UK properties do not have the correct levels of cover and 82% are underinsured¹

• Trussle makes protection a core offering of its service as it expands ancillary offering to support customers across more of their home ownership needs

• Trussle has developed a protection guide to explain the types of cover available

12th February: Online mortgage broker, Trussle, has appointed Jon Nixon as Head of Protection and Ancillaries as it looks to meet more customer needs across the home financing process.

Jon, whose remit is to drive the growth of protection insurance and other ancillary services, brings over twenty years of financial services experience across mortgage broking, protection, underwriting and compliance. Most recently, Jon was Director of Strategy and Growth at Dynamo where he led second charge lending, insurance, protection training and development.

Jon’s appointment comes as supporting customers throughout more of the home ownership journey becomes a focus for the online mortgage broker, and protection becomes a core product of Trussle’s offering.

Research shows that just 58% of mortgage holders have life insurance, while only 28% have critical illness cover and as few as 12% have income protection.² While Buildings Insurance is the only cover that lenders require to secure a mortgage, homeowners should consider protection insurance to cover themselves, their loved ones and their homes should something unexpected happen. Trussle offers customers a free review to ensure they secure adequate protection.

Jon Nixon, who was previously awarded Protection Broker of the year at the British Mortgage Awards, commented, “It’s a really exciting time to join Trussle as we scale up our protection and ancillaries offering, and ensure it’s a core part of how we support our customers.

Buying and owning a home is one of the biggest financial commitments that most people make, and it’s really important to ensure our customers have adequate protection should the unexpected happen.

Trussle is really working hard to transform the client experience, and I’m thrilled to have the opportunity to build protection and ancillaries into a core part of this.”

Ian Larkin, added, “Our goal is to deliver a faster and more certain experience that enables customers to secure home financing with ease. A significant part of that is being able to meet more of our customers’ needs to help them to take control of their finances. 

Protection is a fundamental part of home ownership. Since we introduced our protection offering as a core product in May, we’ve made excellent progress supporting our customers. With Jon onboard, we are now focused on advising our customers on protection from the outset and launching further services to better support them, including building and contents insurance, and conveyancing.”

~Ends~

Contact

For further information, please contact:

Emily Coyle at [email protected] or Leilah Mackie at [email protected] 

We’ve taken extra care to ensure the information provided within this release is presented in a way that’s compliant with regulatory requirements. If you have any questions about how to repurpose this information or require any further assistance, please contact Leilah Mackie at Trussle.

About Trussle

Trussle is your free online mortgage broker, helping you wherever you are on the ladder.

Our technology and expert mortgage advisers enable us to make better mortgage decisions in minutes, providing greater certainty and speed about your home financing options.

See how much you could borrow or save in minutes. Whether, you’re looking at homes for the first time, or you’re looking to remortgage for the fourth time. Our quick online calculators will help you take the next step on your home ownership journey.

Trussle is a trading name of Trussle Lab Ltd, which is authorised and regulated by the Financial Conduct Authority (firm reference 924229).

Your home may be repossessed if you do not keep up repayments on your mortgage.

More information can be found at https://trussle.com/ and Trussle’s press pack is available here.