November: Underwriting Release Update
Our latest Underwriting Rules Release (live on the 12th November) sees key updates as part of our on-going mission to continually evolve and improve the customer journey on the Protection Platform.
Our latest Underwriting Rules Release (live on the 12th November) sees key updates as part of our on-going mission to continually evolve and improve the customer journey on the Protection Platform.
In today's fast-paced life insurance landscape, efficiency is key. While you might not be familiar with the concept of
As Income Protection Action Week (IPAW) recently concluded, the discussions around job security and financial resilience have highlighted the growing need for income protection. With 247,000 new individual income protection policies sold in 2023, a significant 16% increase from 2022, it's clear that more people are prioritising securing their financial futures.
With it having just been Income Protection Action Week (IPAW), it is an opportune time to reflect on the critical role that Income Protection (IP) plays in financial planning and that it plays a significant role in protecting an individual or family against an unforeseen circumstance. This is backed up by IP sales which are starting to rise. UnderwriteMe, steadfast in its commitment to promoting the benefits and understanding of IP invites financial advisers to join this vital conversation.
As Income Protection Action Week approaches its fourth year with the aim of giving advisers education about the positioning and value of Income Protection (IP), we thought it was worth highlighting the importance of the product and how it's evolved.
It saves advisers time and effort by providing one application form that's consistent for all the insurers on the platform. Advisers will then be able to see and compare fully underwritten prices and underwriting outcomes in real time.
With the financial industry's ever-increasing focus on consumer protection, the need for intermediaries to demonstrate adherence to consumer duty regulations has never been more important. The multi-product approach offered by UnderwriteMe's Protection Platform can play a vital role in addressing this need, allowing advisers to navigate these regulations more efficiently while providing an optimal service to clients.
In the life insurance industry, intermediaries often find themselves grappling with varying degrees of complexity when sourcing protection premiums. From straightforward, clean cases to more complicated scenarios, each has its unique challenges. Fortunately, UnderwriteMe's Protection Platform is here to revolutionise the way protection advisers work, irrespective of the case complexity.
On Thursday 2nd May, UnderwriteMe attended the Women in Protection conference at the London Marriot Hotel. We took this opportunity to leverage the data from our Protection Platform to understand further, how customers buy insurance.
Today marks a significant milestone in our journey. We're thrilled to unveil a new version of Protection Platform—a fresher, more vibrant image that still promises the reliability and efficiency you've come to know and trust.
United Kingdom, London, 10 April 2024: Vitality has announced that VitalityLife multi-benefit discounts are now available on the UnderwriteMe Protection Platform, following the providers addition of its Income Protection cover to the platform.
On the Protection Platform, we see differences in age when buying protection insurance. These contrasts exist as people move through life stages. A new house or job, marriage, children, estate, or funeral planning. And these new responsibilities bring with them changing financial needs.
Looking at understanding consumer buying behaviour, and the influences sex has on underwriting can be insightful, and help to drive more effective and efficient underwriting, product, and sales development.
The price of protection products could fall into the spotlight more than ever as Consumer Duty sweeps closer.
Leading edge protection technology systems announce partnership to deliver optimal adviser and consumer experience to directly meet advisers' new business obligations under the consumer duty rules.
This week is 'Alcohol Awareness Week'. We've taken some time to analyse the data which flows through the Protection Platform so we can review what customers disclosed around alcohol consumption across the last 12 months.
Insurtech leader UnderwriteMe has reacted to the news of the return of 100% mortgages by reminding mortgage advisers to prioritise protection to ensure their clients don't put themselves at risk of a financial complications later on.
Join a 30 minute demo held at 12pm, where our experts will guide you step-by-step through The Protection Platform explaining how it works and answering any questions you may have.
Register hereWe use cookies (and other similar technologies) to collect data to improve your experience on our site. By using our website, you're agreeing to the collection of data as described in our Website Data Collection Policy
The Protection Platform uses data collected by cookies and JavaScript libraries to improve your browsing experience, analyse site traffic, deliver personalised ads, and increase the overall performance of our site. By using our website, you're agreeing to our Website Data Collection Policy.
The table below outlines how we use this data by category. To opt out of a category of data collection, toggle off the section and save your preferences.