Exeter Family Friendly praises UnderwriteMe’s effectiveness

Published on

SimonPhilp

Exeter Family Friendly has seen immediate benefit after successfully integrating UnderwriteMe into its income protection buying process.

Since launching the new ‘Underwrite My Client Now’ route in September, 60% of applications using it have been offered an immediate underwriting decision.

“We were confident that integrating this cutting edge, rules based underwriting into our application process would have a positive effect for both advisers and customers and we’ve been delighted with the results so far,” said Simon Philp (pictured), director of distribution and marketing at Exeter Family.

“The straight through processing rate of 60% is fantastic and Underwrite My Client Now has proved nearly 3 times faster than the traditional routes as a result.

“The benefit for advisers is clear to see. No further questions to ask of their clients, no waiting, no more information to gather – just a buying process fit for 2015.”

Phil Jeynes, head of sales and marketing at UnderwriteMe, welcomed the results. He said: “Income protection is traditionally the most complex protection policy to underwrite, so for Exeter to be able to provide an instant decision to six in 10 applicants is fantastic and clearly demonstrates the power of the technology.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Home of Mortgages taps Street to turbocharge referrals

Home of Mortgages has become one of the first nationwide firms to integrate with...

AIIC ramps up SlothMove stake to 92% in broker push

AIIC Group has increased its stake in home-moving tech platform SlothMove from 50% to...

Buy-to-let growth matches first-time buyers as demand holds

Buy-to-let lending is expanding at the same pace as first-time buyers and home movers,...

Access FS launches women-focused event

Access Financial Services is to host its first Women of Access event later this...

Tenant proximity to landlords linked to rental satisfaction

More than seven in 10 tenants in England say they are happy with their...

Latest publication

Other news

Home of Mortgages taps Street to turbocharge referrals

Home of Mortgages has become one of the first nationwide firms to integrate with...

AIIC ramps up SlothMove stake to 92% in broker push

AIIC Group has increased its stake in home-moving tech platform SlothMove from 50% to...

Buy-to-let growth matches first-time buyers as demand holds

Buy-to-let lending is expanding at the same pace as first-time buyers and home movers,...