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

Prime London prices fall 7% as buyers hold back

Prime London house prices fell by 7% year-on-year in August as uncertainty over borrowing...

Leasehold valuation reform: the consultation is asking only half the question

The Government's consultation on leasehold enfranchisement valuation rates is important because it will help...

UK rate hike risk grows after Fed raises rates

The prospect of UK interest rates rising again is moving back onto the agenda...

Novus launches mortgage simulator to tackle completion delays

Novus Strategy has launched a mortgage journey simulator designed to allow lenders to test...

L&G Mortgage Club adds estate agency referral service

L&G Mortgage Club has partnered with GOTO Estate Agency to launch a referral service...

Latest publication

Other news

Prime London prices fall 7% as buyers hold back

Prime London house prices fell by 7% year-on-year in August as uncertainty over borrowing...

Leasehold valuation reform: the consultation is asking only half the question

The Government's consultation on leasehold enfranchisement valuation rates is important because it will help...

UK rate hike risk grows after Fed raises rates

The prospect of UK interest rates rising again is moving back onto the agenda...