Scot Eq Protect improves online underwriting service

clock

Scottish Equitable Protect has improved its online underwriting service to enabling IFAs to submit business more efficiently and cost effectively.

The new additions to the platform, which will be available from 24 October, are designed to speed up the application process through increasing the number of automatic point of sale underwriting decisions. Scottish Equitable says it does this by asking the adviser to answer a series of detailed questions related to the personal and health circumstances of an adviser’s client increasing the likelihood of online acceptance. Ultimately the service should allow advisers to get their client’s cover in place faster, which will help them deliver more efficient customer service, while benefiting ...

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 Protection

Listen and learn: Protection must change how it communicates

Listen and learn: Protection must change how it communicates

'Maybe it's time we start to make fewer assumptions'

Kevin Carr and Alan Lakey
clock 30 April 2024 • 4 min read
Cognitive biases in advice and the psychology of insurance

Cognitive biases in advice and the psychology of insurance

A look into client decision making and its effects on protection uptake

Jaskeet Briah
clock 25 April 2024 • 5 min read
Aviva completes £460m acquisition of AIG Life after CMA delay

Aviva completes £460m acquisition of AIG Life after CMA delay

'It's disappointing to lose another protection insurer from the market'

Cameron Roberts
clock 10 April 2024 • 2 min read