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John Lewis Money Adds Prestige Underwriting To Home Insurance Panel

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Financial services business John Lewis Money has added Prestige Underwriting to its home insurance panel as part of a shift to a broker model, expanding its insurer network to offer broader coverage and more competitive pricing.

Home insurance products are expected to launch in April 2026 with a panel that includes Prestige Underwriting, AXA , and Covéa Insurance , followed by a car insurance panel later in the year. The move allows John Lewis Money to move beyond a single carrier model, increasing flexibility in underwriting and enabling coverage for risks such as e-bikes and electric vehicles.

“We’re very pleased to be joining the John Lewis Money home insurance panel at such a pivotal stage in the development of its insurance proposition. The move to a broker model reflects a clear ambition to deliver insurance ‘the John Lewis way’ – combining in-house expertise with carefully selected partners to create a broader, more responsive offering. By incorporating a leading specialist non-standard provider into the panel, John Lewis Money is significantly improving its quotability and expanding its footprint beyond the constraints of a single-carrier model. This ensures customers with more diverse or complex risk profiles can be served effectively, while maintaining competitive pricing and product integrity. The transition also enables John Lewis Money to take greater control across the insurance value chain, from product design through to underwriting oversight, positioning the business to respond more dynamically to emerging risks and evolving customer needs. We’re excited to be part of this next chapter and confident the new panel structure will deliver sustainable growth and strong outcomes for customers and partners alike.” – Tim Baxter, Business Development and Relationship Director at Prestige Underwriting.

“The John Lewis Partnership has always been built on evolving alongside our customers. By becoming an authorised broker, we’re taking a significant step in our strategy to make John Lewis Money more relevant than ever. This move allows us to step away from a ‘one-size-fits-all’ approach and instead curates a panel of leading insurers to better protect the way we live today. It’s about using our independence to act as an advocate for our customers, ensuring they get the quality and peace of mind they expect from our brand.” – James Mack, Director at John Lewis Money Director.

The post John Lewis Money adds Prestige Underwriting to home insurance panel appeared first on Coverager - Insurance news and insights.