Exeter Family first to launch new underwriting system

The eagerly anticipated new technology uses smart logic and dynamic questioning to enable immediate underwriting decisions on income protection applications, resulting in a smoother, faster journey for clients and advisers.

Head of Sales & Marketing, Mike O’Brien, commented:

“‘This new technology has the potential to transform how consumers buy protection. For too long clients and advisers have put up with a culture of ‘apply and wait for an answer’ - now they can ‘apply and buy’.”

Along with the new application route, advisers can also apply for Exeter Family’s products through a full medical declaration or short application with telephone interview.

O’Brien added:

“The benefits are not only speed and simplicity - in the future advisers will benefit from a common application process to make advisers lives significantly easier. All we need now is for more insurers to invest in advisers and utilise the technology.”

Martin Werth, CEO, UnderwriteMe said:

“We are delighted to be working with Exeter Family Friendly, who are committed to helping advisers sell income protection.  Together we have made the sales process much easier and faster.”