Exeter Family to launch new underwriting system

Published on

Exeter Family Friendly

Exeter Family Friendly has become the first provider to integrate UnderwriteMe’s new underwriting system into its income protection buying process.

The new technology uses smart logic and dynamic questioning to enable “immediate” underwriting decisions on income protection applications.

Mike O’Brien, head of sales and marketing, said: “This new technology has the potential to transform how consumers buy protection. For too long clients and advisers have put up with a culture of ‘apply and wait for an answer’ – now they can ‘apply and buy’.”

Along with the new application route, advisers can also apply for Exeter Family’s products through a full medical declaration or short application with telephone interview.

O’Brien added: “The benefits are not only speed and simplicity – in the future advisers will benefit from a common application process to make advisers lives significantly easier. All we need now is for more insurers to invest in advisers and utilise the technology.”

Martin Werth, CEO of UnderwriteMe, said: “We are delighted to be working with Exeter Family Friendly, who are committed to helping advisers sell income protection. Together we have made the sales process much easier and faster.”

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

Marshall and Cooke join Mortgage’s Got Talent judging panel

Mortgage’s Got Talent has added two more industry names to its judging panel, with...

Jane Benjamin to lead Crystal’s specialist finance network and club

Crystal Specialist Finance has appointed Jane Benjamin as managing director of its Network and...

LendInvest recruits Matt Taylor to lead mortgage sales

LendInvest Mortgages has appointed Matt Taylor as sales director, with responsibility for its intermediary...

Income limits could exclude many London buyers from proposed deposit scheme

More than 22% of first-time buyer mortgage applicants in London and Greater London could...

Sirius Finance formalises wealth management referral arrangement

Sirius Finance has entered into a referral partnership with JRM Wealth Management, enabling its...

Latest publication

Other news

Marshall and Cooke join Mortgage’s Got Talent judging panel

Mortgage’s Got Talent has added two more industry names to its judging panel, with...

Jane Benjamin to lead Crystal’s specialist finance network and club

Crystal Specialist Finance has appointed Jane Benjamin as managing director of its Network and...

LendInvest recruits Matt Taylor to lead mortgage sales

LendInvest Mortgages has appointed Matt Taylor as sales director, with responsibility for its intermediary...