Big T directs the future for advisers

Peter Chadborn, co-founder of CBK Colchester, says other systems of underwriting are time consuming and offer too large a non-disclosure and compliance risk, adding he even prefers paper-based applications. Chadborn noted that Big T tele-underwriting enables advisers to separate themselves from the interview and medical aspects of a protection application by passing these responsibilities on to an insurer or third party. However, most insurers have spent millions installing systems enabling advisers and consumers to apply online. But Chadborn says online applications "only add another...