Paymentshield unveils home insurance quick quote tool

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Paymentshield has launched a Quick Quote tool for advisers.

Quick Quote, which is now available via Paymentshield’s online Adviser Hub, gives advisers the opportunity to easily and quickly provide their clients with a home insurance quote.

James Loder (pictured), proposition director at Paymentshield, said: “We understand that a one-size-fits-all approach does not work in the intermediary market given the variety of commercial models. So, we’ve given advisers more flexibility to help integrate a conversation about GI in the way that best suits their business.

“Quick Quote enables advisers to provide their clients with a meaningful price in under a minute, making it easy for them to raise the topic of home insuranceas part of the mortgage application process. Once an initial discussion about GI has been started, it’s then easy to open up a more detailed conversation about a client’s individual requirements and progress to a full application.

“The launch of Quick Quote is the latest in a line of enhancements we’ve made to our online proposition. In early July we gave advisers a simple and accessible way of managing their client’s entire GI journey, with the launch of Adviser Hub and just a few weeks ago we introduced our online Defaqto Compare Tool to help advisers make comparison between different policies. Look out for more enhancements in the future as we continue to invest in making it even easier for advisers to talk to their clients about GI.”

Jeff Woods, campaigns & propositions director at Sesame Bankhall Group, added: “Intermediaries have the opportunity to ensure their clients have the right general insurance cover for their individual requirements and the new Quick Quote tool from Paymentshield provides an easy way to start that conversation.

“If this means that more customers purchase a more suitable policy and more advisers are able to grow their business, it can only be a positive development for the industry.”

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