Prestige Underwriting joins the John Lewis Money Home Insurance Panel
John Lewis Money, the financial services business, has announced a stepchange for its insurance offer, working with a carefully selected panel of leading and trusted home insurers, including Prestige Underwriting, to offer customers broader cover and more competitive quotes.
The first products to launch to customers will be home insurance policies, which will go live in April 2026, with a network of reputable insurers including Prestige Underwriting, AXA and Covéa. This will be followed by the launch of a panel of car insurance providers later this summer.
This follows the move by John Lewis Money to secure a broker licence, which allows the financial services business to offer more choice in home and car insurance to even more customers. Moving to a panel model - rather than relying on just one insurance partner - will organically drive more competitive pricing for customers.
In addition, the move gives John Lewis Money greater control over what’s included in the policies and, as a result, it will now cover more modern protections such as e-bikes and non-standard risks for home insurance customers, and electric vehicles for car insurance policies. By broadening its network of insurers, John Lewis will no longer be limited by the eligibility criteria of one provider, meaning it can offer cover to a much wider range of customers.
Tim Baxter, Business Development and Relationship Director at Prestige Underwriting, said:
“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.
Speaking of the news, John Lewis Money Director, James Mack, said: “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.”