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

Gen Z driving homeownership demand as deposits shrink

Confidence in the UK housing market is improving with Gen Z buyers driving demand...

Brilliant Solutions makes sales director appointment

Brilliant Solutions has promoted Ivan Vizor to the role of sales director, following a...

TPFG expands intermediary footprint with Smart Advice deal

The Property Franchise Group (TPFG) has acquired an 85% stake in Smart Advice Financial...

Most homeowners rule out downsizing as a retirement strategy

Fewer than one in five people expect to move to a smaller home in...

LendInvest hires specialist bridging business development manager

LendInvest Mortgages has appointed Caelan Gokani as a business development manager within its specialist...

Latest publication

Other news

Gen Z driving homeownership demand as deposits shrink

Confidence in the UK housing market is improving with Gen Z buyers driving demand...

Brilliant Solutions makes sales director appointment

Brilliant Solutions has promoted Ivan Vizor to the role of sales director, following a...

TPFG expands intermediary footprint with Smart Advice deal

The Property Franchise Group (TPFG) has acquired an 85% stake in Smart Advice Financial...