If the FSA changes the way protection products are marketed, what will the effect be on technology? Andy Valvona highlights some good news for advisers
Technology has come a long way in the past few years. Some readers will remember using the phone to obtain quotations, and what a refreshing change it was when the likes of Scottish Provident’s QUOD system became de rigueur to quote and apply for protection policies. Nowadays, most advisers use a portal, enabling them to get up-to-the-minute quotes from their chosen providers in a matter of seconds, thanks to the portals’ clever messaging systems. Advisers can then go on to apply to the chosen provider without having to re-key the same information, thus saving time and minimising on pote...
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