November 25, 2016
UnderwriteMe boosts Scottish Provident sales
UnderwriteMe technology has the ability to streamline insurers’ underwriting and application process, benefitting both advisers and consumers using their extranet and web services to buy insurance.
As an example: since using our quote and apply software, Scottish Provident has seen a 30% increase in new business.
The partnership, which went live in September 2014, means that advisers applying to the insurer on behalf of their clients now use UndewriteMe’s real-time underwriting system and are able to take advantage of a faster and more accurate sales process.
Isobel Langton, CEO Intermediary of Royal London said:
“Part of the Royal London Group, Scottish Provident always aims to deliver quality products and great customer service. Engaging with innovative technology like UnderwriteMe has helped to transform our new business process – we’ve seen a 30% increase in business; and the feedback from advisers has been extremely positive, with many telling us how they find the system quick, easy and efficient which frees up their time to focus on clients.”
Phil Jeynes, Head of Sales & Marketing at UnderwriteMe, commented:
“Scottish Provident is one of the largest and most respected brands in our industry. We are very proud that they have partnered with us and share their excitement at these superb sales results. 2015 is set to be a big year for UnderwriteMe and we expect to be sharing similar success stories via other partner insurers and intermediaries.”
Advisers using Scottish Provident’s new system also recognise the impact UnderwriteMe technology has made:
“I could not believe how easy and straightforward it was to enrol an application and get the cover on risk for my client…” said Kevin Burroughs of K&L Burroughs Ltd.
Alexander Schmitt of Simple Financial Planning Ltd remarked:
“Scottish Provident has recognised the need for efficient business submission and instant underwriting. Good job.”