Openwork adds new protection panel

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Openwork is expanding its product proposition with a new protection panel featuring Aegon, Axa and Legal & General.

The panel is scheduled to go live in September and will also include existing providers LV= and Zurich. Between them, the five providers account for about 40% of the market. Following the launch, Openwork advisers will be able to choose between operating the new panel or continuing with the existing Zurich single-tie proposition. Martin Davis, CEO of Openwork, says: "The launch of our new protection panel is a very significant development for us and an important part of our ongoing drive to broaden and enhance the products and services we offer to our advisers and their clients.  

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