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

‘Complex is the new vanilla’: Affordability reshapes market

Mortgage cases with one or two complications are becoming the new “vanilla” as affordability...

Vulnerability data can unlock commercial gains, says MorganAsh

Financial services firms could be overlooking commercial opportunities by treating customer vulnerability mainly as...

Asking prices rise for first time since May as autumn market picks up

The average asking price of newly listed homes rose by 0.7% in September, the...

Buy-to-let returns beat major asset classes over 30 years, Hamptons finds

UK buy-to-let has delivered total returns of 2,130% since the launch of the first...

£5m-plus mortgage numbers rise as wealthy buyers turn to borrowing

The number of residential mortgages worth £5 million or more rose last year as...

Latest publication

Other news

‘Complex is the new vanilla’: Affordability reshapes market

Mortgage cases with one or two complications are becoming the new “vanilla” as affordability...

Vulnerability data can unlock commercial gains, says MorganAsh

Financial services firms could be overlooking commercial opportunities by treating customer vulnerability mainly as...

Asking prices rise for first time since May as autumn market picks up

The average asking price of newly listed homes rose by 0.7% in September, the...