UnderwriteMe CEO Martin Werth said: “We are delighted to be working with Exeter Family, Scottish Provident, Scottish Friendly and SunLife. We have had a great response to our underwriting technology and three launches in one week is a fantastic achievement."
Andy Chapman, CEO, Exeter Family Friendly added: “UnderwriteMe is a potential revolution in the protection market – the first common application process, offering advisers and their customers what they need - usability, consistency and immediacy. I’m delighted to utilise UnderwriteMe to power our IP application process and look forward to many more insurers doing the same.”
Isobel Langton, CEO Intermediary, Royal London Group said: “At Scottish Provident we have been working hard at improving the service advisers receive from us by ensuring they have a dedicated case manager and access to our underwriting team when they need it. Our focus has been on making it easy for advisers to do business with us, so the next obvious step was to create an online journey that offers an innovative, intelligent yet simple and fast process to help get clients plans on risk. Working with UnderwriteMe has enabled us to do just that and we look forward to continuing to work with them to ensure we can continually improve the customer experience in the protection industry.”
And Neil Lovatt, sales and marketing director, Scottish Friendly, said: “We were delighted to team up with UnderwriteMe as their flexibility and ability to adapt to different client propositions fitted our own perfectly. By combining with UnderwriteMe we were both able to build a customised term and critical illness proposition which covered the web journey through to the back office seamlessly serving our distribution and reinsurance partners.”
The UnderwriteMe USP is it’s single application process that simultaneously interrogates multiple participating insurer underwriting engines. The technology provides comparisons of estimated prices, or fully underwritten prices and available benefits at the point of sale. This removes sales complexity so advisers can focus on advice and deliver a fast service with no surprises.
Werth added: “This is an exciting first step towards the launch of our multi-insurer comparison proposition. The protection market has significant potential if we can more effectively engage with customers and advisers to simplify the buying and selling process. The easy buying process will be a big win for customers and intermediaries, as well as reduce insurer costs.”
