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

Mortgage Advice Bureau hires new group CFO

Mortgage Advice Bureau (MAB) has named Jo Stent as its next group chief financial...

OMS launches protection referral partnership with The Insurance Surgery

One Mortgage System (OMS), the CRM and loan origination platform for intermediaries and lenders,...

Omni Protect appoints Richard Waters as head of strategic partnerships

Omni Protect, Fintel’s whole of market protection club, has announced the appointment of Richard...

Redwood Bank awarded top green accreditation

Redwood Bank has been recognised for its continued commitment to sustainability after achieving the...

Mortgage approvals fall to lowest level since December 2023

Mortgage approvals for house purchases fell to 56,200 in May, down from 66,000 in...

Latest publication

Other news

Mortgage Advice Bureau hires new group CFO

Mortgage Advice Bureau (MAB) has named Jo Stent as its next group chief financial...

OMS launches protection referral partnership with The Insurance Surgery

One Mortgage System (OMS), the CRM and loan origination platform for intermediaries and lenders,...

Omni Protect appoints Richard Waters as head of strategic partnerships

Omni Protect, Fintel’s whole of market protection club, has announced the appointment of Richard...