Research into tele-underwriting in the protection market shows the industry has a long way to go before it reaches its maximum potential. Debbie Kennedy explains
Tele-underwriting is firmly on the agenda for UK protection providers and is set to become increasingly widespread. Just as it is now the norm in the US, following its advent in the mid-1980s, tele-underwriting looks certain to become more commonplace in protection practices in the UK. Conclusions from research recently carried out by AXA among major UK players, shows tele-underwriting is set to develop further in the UK over the forthcoming years. The research, which quizzed eight large protection providers, asked whether they planned to increase investment in tele-underwriting in the ne...
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