The Y3S Group, a Cardiff based brokerage, has witnessed a 220% rise in demands for its life insurance policies during October from intermediaries.
The company unveiled its various life products to a selected panel of introducers. This was done at the beginning of September this year. The following month, requests for these products began to increase at a steady rate.
When asked about the increase, the Y3S Group gave the credit to its well trained staff.
Group operations director, Barney Drake, said that the company is extremely pleased with the results it has achieved this year. The company is particularly happy with the interest it has received from its loyal introducer base.
He added that the profit the company is currently enjoying has come due to branching out into brand new product areas like insurance.
Considering the demand for its life products, it will surely be a part of the company’s future plans. With the death toll increasing due to various illnesses, it has become more important for people to invest in good life insurance policies.
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