Network Openwork has acquired 930 self-employed MetLife protection advisers as part of a deal to distribute the life company's protection products.
The agreement gives Openwork a larger nationwide network from which it can distribute its broader protection product range, which will now include MetLife's Accident Protection product. Openwork will have a total of 3,000 advisers across the group after the deal. The move boosts MetLife growth plans for its individual protection business and, the firm said, allows it to concentrate on its long-term strategic goals for its wealth management and employee benefits businesses. Openwork managing director Mark Duckworth said: "We are thrilled to be taking on MetLife UK's protection advis...
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