The new service links together sourcing and submitting a mortgage application with obtaining suitable mortgage related protection cover.
Friends Provident is the only insurance product provider offering an online submission and underwriting service via Trigold.
Under the new service, Friends Provident will offer protection products including term assurance and critical illness using the award-winning online protection service, eSelect, which will be linked to Trigold’s Prospector AAA system. The benefit is that customer data entered in the Trigold system will automatically pre-populate the Friends Provident online protection application.
Trigold is a mortgage sourcing and compliance software provider to the intermediary mortgage market and the system of choice for over 23,000 mortgage professionals. Its current Prospector AAA system provides mortgage advisers with an end-to-end mortgage sales process comprising of:
* Initial fact finds
* Data collection
* Mortgage sourcing
* Application submission to the lender
Friends Provident is recognised as an industry leader in the use of user-friendly electronic business solutions for the life and pensions marketplace. eSelect provides intermediaries with a complete online quotation and new business service, including an automated underwriting system.
Simon Clamp, managing director UK sales and marketing at Friends Provident, said: "This is another step forward for our market leading e-commerce initiatives which will make business both easier and quicker for Trigold’s mortgage advisers and their clients. We are delighted to be able to work with Trigold to give advisers access to our five star award-winning service and quality products, backed by market leading technology."
Bill Safran, chief executive officer at Trigold, said: "We are constantly looking for new and innovative ways to add value to our users and are thrilled to announce this integration with Friends Provident. The sophistication and flexibility of the two systems will enable our users to access a wide range of protection products within the existing sales process and realise new income opportunities."
