The ‘Mind the Gap’ tool picks up on life, ASU or business and contents insurance products and should help increase revenue in the light of current market conditions.
Paul Holden, sales director at MortgageStream, said: “Giving advice on mortgages is all very well however by ignoring additional life and insurance products leaves clients open to being poached by the lender or other advisers. Furthermore under TCF rules, brokers should be advising clients on all aspects of buying a house and that should also include added insurance products.
“This enhancement to the system puts even more power into the hands of brokers and enables them to be proactive in sourcing new income opportunities.”
