Home Buyer Systems has launched a new stand-alone sales and compliance system to enable mortgage brokers to increase their sales of protection and GI products.
The supplier of business strategy and support solutions for mortgage and general insurance brokers has developed the module in conjunction with New Leaf, a specialist financial services training company.
The new Home Buyer protection and GI sales system is available to all mortgage brokers, irrespective of whether they subscribe to the Home Buyer sourcing system or use an independent sourcing system. It provides compliant protection and GI product sourcing through a defined sales process which includes the production of a suitability letter that covers all the elements of protection and GI.
Richard Angliss, managing director of Home Buyer Systems, said: “We have conducted research showing that on average brokers’ mortgage business levels have reduced by 70% from the peak before the credit crunch. Broker businesses that are still doing well have turned their attention to selling protection and GI products and
