February 28, 2022
The Right Mortgage Network endorse UnderwriteMe’s Protection Platform
The Right Mortgage, one of the UK’s fastest growing financial services networks, are to include the Protection Platform from UnderwriteMe as part of their adviser protection offering. It will mean that advisers and their clients will have the power to quote, underwrite and apply online with ‘buy now’ prices from the majority of popular UK insurers.
The partnership is on the back of a pilot in 2021 which highlighted the advantages of the platform through a trial with a small number of advisers within The Right Mortgage. The feedback focused on time savings as part of the pre-underwriting journey, a better understanding of multiple decisions from insurers and the ability to submit to more than one insurer all through a single application.
The Protection Platform from UnderwriteMe comprises of a single question set for multiple lives, products and insurers, improving the customer experience and eliminating the need to re-key data, and therefore improving adviser efficiency. It also includes a full integration with research experts Defaqto, allowing in-depth product comparisons.
Vincent O’Connor, Director of Products at The Right Mortgage comments: “We’re always looking for ways to add value for the firms we work with and make sure there’s access to the best tools in the market. As a network, we pride ourselves on offering a service that supports all advisers and firms which is why it was so important to hear the positive feedback from the advisers who took part in the pilot. It was evident from the detail how the Protection Platform complements the protection process by saving time, putting the adviser and clients completely in control of the application journey, and increasing the uptake of protection.
Phil Nash, Director of Sales at UnderwriteMe comments: “The Protection Platform is growing rapidly, with many of the UK’s most prestigious life insurance specialists using our software. The uptake of the platform over the last few years has been great to see. What’s been evident especially throughout the difficult economic times of the last couple of years is that the platform’s always been on for advisers. We saw more than 260,000 applications submitted in 2021 and we’re proud to add The Right Mortgage to that list of advocates. We look forward to working with them in rolling out the Platform to all the firms they’re working with.”