Bright Grey hails online protection impact

clock

Half of consumers applying for protection online receive immediate acceptance, enabling commission to be released faster, according to Bright Grey.

The protection arm of Royal London says its 'interactive quote and apply' underwriting system generates quick and detailed decisions, speeding up the application process for advisers and allowing customers to get cover faster. Approximately 12% fewer clients are asking for additional medical information, it says, helping to simplify the application process. On average, cases without medicals are offered cover 40% faster, now taking three days instead of five. "Having very swift processing times helps advisers keep their clients engaged through the sales process and ultimately helps conv...

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

Protection and pensions: Overcoming challenges faced across both sectors

Protection and pensions: Overcoming challenges faced across both sectors

'Pensions and protection aren't often spoken about in the same sentence'

Paul Yates
clock 11 June 2025 • 4 min read
Training day: How will CPD changes impact protection?

Training day: How will CPD changes impact protection?

Rules may “lead to protection being overlooked”

Cameron Roberts
clock 30 May 2025 • 6 min read
'Surely we're capable enough of doing it ourselves': Industry says protection should be in-house

'Surely we're capable enough of doing it ourselves': Industry says protection should be in-house

Majority believe IFAs and wealth managers should not outsource, PA Asks finds

Isabel Baxter
clock 13 May 2025 • 3 min read