(PRWEB) July 15, 2006
The deVere & Partners Group – the world’s largest Offshore Financial Advisory firm – and Barclays Bank – among the most prestigious names in the banking industry – have established a strategic affiliation in the United Arab Emirates (UAE).
Under the new alliance, deVere will provide a competitive range of Life Insurance options to Barclay’s mortgage clients in the UAE. Life coverage is an essential pre-requisite to obtain a Barclays mortgage, and deVere is able to offer borrowers a choice from a wide range of Insurance providers worldwide.
“We are delighted to have signed this deal with Barclays, and are confident that Barclays’ mortgage clients will be impressed by the range of insurance products we have available,” said Spencer Lodge, deVere’s Middle East Regional Director. “As the world’s largest IFA, we have built our reputation on customer choice and sound advice, and we are looking forward to sharing this with Barclays’ mortgage clients.”
“We recently launched our range of mortgages in the Dubai market, and sales have progressed well,” Phil Ward, Barclays’ Mortgage Director, added. “We are very happy to introduce our clients to deVere, which brings a strong market presence and expertise to the table.”
The deVere & Partners Group has close to 200 expert Financial Advisers in more than 35 countries. The deVere businesses collectively service more than 25,000 Clients, in 105 countries, with in excess of $5 billion of funds under administration and management. The company’s Dubai-based Middle East operation is among its most dynamic branches.
Barclays is renowned as one of the world’s leading and largest global banking service providers, with more than 300 years of history, over 20 million Clients, and representatives in Europe, the U.S., Latin America, Africa, the Caribbean, Asia, the Middle East and Australasia.