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Home insurance provider for L&G

Legal and General has been appointed as the sole providers of household and buy-to-let insurance to John Charcol.

John Charcol, the UK's leading independent mortgage broker, has ten branches across the country and employs over 200 people with over 100 mortgage advisors.

Ian Viney, Legal & General's insurance managing director, said: "We are delighted that Legal & General has been appointed as John Charcol's preferred household insurance supplier.

"Both companies are well placed to significantly grow our businesses in the new regulated environment and we believe that we have a very attractive proposition for John Charcol's advisers and their clients. "

Peter Barrett, Managing Director at John Charcol, said: "Legal & General has demonstrated the strongest product and service proposition, technical expertise and above all a deep understanding of our advisers' needs and we believe this will lead to an extremely successful, long-term relationship.

"This agreement will enable us to focus on our very successful core mortgage business, while giving our customers access to a wide range of very competitive insurance products."

Legal and General currently have over 5.4 million customers in the UK and manage funds worldwide with the value of £165 billion with operations in the US, France, the Netherlands and Germany.