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

Long-term vacant homes in England rise 14.5%

The number of long-term vacant homes in England has risen by 14.5%, despite continued...

Tenant support for Renters’ Rights Act grows

Awareness and support for the Renters’ Rights Act has risen sharply among tenants since...

Mortgage and protection professionals urged to complete industry ED&I survey before deadline

Industry leaders are calling on mortgage and protection professionals across the UK to complete...

Paragon cuts further advance rates and lowers minimum loan to £2,000

Paragon Bank has reduced rates and simplified the application process for buy-to-let further advances,...

The Cambridge adds 80% LTV limited company holiday let deal

The Cambridge Building Society has launched a limited company buy-to-let holiday let mortgage at...

Latest publication

Other news

Long-term vacant homes in England rise 14.5%

The number of long-term vacant homes in England has risen by 14.5%, despite continued...

Tenant support for Renters’ Rights Act grows

Awareness and support for the Renters’ Rights Act has risen sharply among tenants since...

Mortgage and protection professionals urged to complete industry ED&I survey before deadline

Industry leaders are calling on mortgage and protection professionals across the UK to complete...