Protection provider Bright Grey is launching its own underwriting system which it says will speed up the application process and save advisers time at point of sale.
The electronic system, called Interactive Quote and Apply and set to go live later this month, will be unattached to a re-insurer, providing Bright Grey with more flexibility to review rates and tailor the service as it sees fit. It will also allow quotes to be refined once an initial decision has been given, meaning advisers can add, amend or delete cover or lives before submitting the application. Andy Peters, distribution director at Bright Grey, says advisers will find the system “well sign-posted and simple to use”. “Developing our own expert underwriting system sets us apart from t...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
