Leeds BS partners with Uinsure

Published on

Leeds Building Society has announced a partnership with insurance technology firm, Uinsure, that will allow society customers to arrange home insurance very quickly.

Working with Uinsure, Leeds Building Society members can get a quote online in 20 seconds, and in branches “in a matter of minutes” – by answering three questions: their name, date of birth and postcode.

The partnership will offer the Society’s customers access to seven underwriters who each compete to offer the lowest price on Uinsure’s 5 star Defaqto rated policy, with the cheapest being presented to members.

John Scally, head of commercial development at Leeds Building Society, said: “Our purpose is to put homeownership in reach of people, and this partnership with Uinsure means we can offer our members peace of mind that their property is protected should they suffer any unexpected loss or damage.

“We have made use of new technology to simplify the application process in order to encourage people to protect their homes, which is usually the most expensive asset people own.

“It’s important to us that our service is accessible for everyone, so customers will be able to apply online, in one of our branches, over the telephone or alongside their mortgage application with Leeds Building Society.”

Martin Schulthiess, Uinsure group managing director, added: “We’re delighted that, Leeds Building Society has chosen us at its new insurance provider, meaning their members can use our technology to easily buy insurance and choose a high quality policy offered by seven top UK insurers.

“Our goal is to remove insurance complexity by using technology and data to make insurance more convenient and accessible for people across the UK and our new partnership supports our strategy of leading innovation in UK Bancassurance.

“The partnership also underlines how smart insurance technology can play a big part in helping people protect their homes and we’re excited to deliver this to Leeds Building Society members.”

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

BuildLoan launches World Cup predictor for brokers

BuildLoan has launched a World Cup prediction competition for UK mortgage brokers, with cash...

FRP arranges £4.1m refinance for York student accommodation scheme

FRP Real Estate Advisory has arranged a £4.1m commercial term facility to refinance a...

Investor backs secondary retail prospects with Essex acquisition

An investor has highlighted the continuing appeal of well-located secondary retail assets after completing...

The Mortgage Works signals buy-to-let rate reductions

The Mortgage Works is cutting rates by up to 0.22 percentage points across selected...

Accord reduces residential and buy-to-let rates

Accord Mortgages is cutting rates across its residential and buy-to-let ranges. The intermediary-only lender said...

Latest publication

Other news

BuildLoan launches World Cup predictor for brokers

BuildLoan has launched a World Cup prediction competition for UK mortgage brokers, with cash...

FRP arranges £4.1m refinance for York student accommodation scheme

FRP Real Estate Advisory has arranged a £4.1m commercial term facility to refinance a...

Investor backs secondary retail prospects with Essex acquisition

An investor has highlighted the continuing appeal of well-located secondary retail assets after completing...