LifeQuote releases decision in principle tool

clock

LifeQuote has developed a decision in principle tool for the protection market to assist advisers with the process of placing difficult lives with insurers.

The tool has been designed to prevent advisers producing multiple applications for each client and to improve completion rates. It helps the adviser with collecting the necessary information and sending a detailed summary of the client's circumstances to providers. It then automates secure distribution to each underwriter selected by the user with decisions and comments returned in the same format. The decision in principle device is compatible with iPads and other mobile technology. Neil McCarthy, sales and marketing director at LifeQuote, expects the utility to create efficien...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

Partner Insight: Leveraging AI to Revolutionise compliance and Conduct File Checks

Partner Insight: Leveraging AI to Revolutionise compliance and Conduct File Checks

Robert Jones, head of business development at BAT Software discusses overcoming data compliance concerns with industry-specific AI tools

BAT Software
clock 21 August 2024 • 3 min read
Timeline has the most innovative technology, industry says

Timeline has the most innovative technology, industry says

Advisers, business owners and paraplanners share their thoughts

Isabel Baxter
clock 17 June 2024 • 1 min read
New industry group launches with aim to reform LoA processes

New industry group launches with aim to reform LoA processes

Group formed by pensions technology specialist The Pensions Lab

Isabel Baxter
clock 14 June 2024 • 2 min read