The network saw business up across all product areas in 2024 compared to 2023 with year-on-year increases in mortgages (up 14%), protection (up 22%), general insurance (up 21%), income protection (up 58%), equity release (up 39%) and private medical insurance (up 41%).
The Right Mortgage & Protection Network credits this growth to a significant increase in both individual adviser and member firms over the period, contributing to greater activity, plus the increased focus on client outcomes presented by consumer duty.
The network said as a result it expected these two themes to continue into 2025 and beyond, presenting its member firms and advisers with the opportunity to provide a wider range of products and services to their clients.
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Martin Wilson, CEO and founding director at The Right Mortgage & Protection Network, commented: “We’re very pleased to be able to announce such strong growth and development over the course of the last 12 months, from business activity in multiple areas, to member growth, to increasing and improving our support team, to developing new relationships and setting such strong foundations for the years ahead.
“This has been a truly team effort from all those active within the network, to our key stakeholder partners, and the advisers who are the absolute heartbeat of everything we do.
“The move to Acre was a fundamental and pivotal development for us as a network, and for our firms and their advisers.”
“Overall, as our numbers prove, 2024 was undoubtedly the best year ever for The Right Mortgage & Protection Network, but the hard work clearly doesn’t stop here.”
Justus Brown, Acre’s CEO and founder, said: “The Right Mortgage & Protection Network put their trust in Acre’s technology when they made the decision to make us their CRM platform of choice.
“With all of the network’s firms now onboard with Acre we can see network-wide positive changes that transform adviser businesses, including greater efficiencies, better compliance and improved client relationships.”
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