Ipipeline has joined forces with Openwork to develop and improve its model for advisers working in the protection market.

Solution Builder is a new protection quote solution that is designed to compares simple and complex protection products in a single view.

It provides advisers with a way of reviewing a client’s protection needs and how they could be packaged together including both multi-benefit and matrix-based single product comparisons, supporting upsell and cross-sell opportunities.

The new solution launches with Openwork, which has over 2,500 financial advisers. The service will be available via OWS, Openwork’s Client Management System, which is integrated with the Assureweb Portal, XRAE and now Solution Builder.

Ian Teague, managing director of iPipeline UK, said: “Advisers in the protection market have talked about the need to compare multi-benefit quotes for many years, and we are delighted to have partnered with Openwork to bring this new solution to the market.

“Solution Builder is tablet friendly and allows advisers to upsell, cross-sell and compare multi-benefit and single benefit products in a single view and then apply online – all wrapped up in a user-friendly, simple interface.”

“Solution Builder is an intelligent research, quote and apply tool that makes sense of the many different cover options, what these options will cost and how they could be packaged together,” said Paul Shearman, Openwork’s proposition director for mortgages, protection & GI.

“In terms of improving the protection advice process, it radically improves the quality and service our advisers can give their clients as solutions can be sourced considerably more comprehensively and efficiently than ever before.”

iPipeline also plans to launch its Solution Builder Open Market version, which will be available to all adviser firms later in the second quarter of the year.