What impact will the introduction of electronic GP reports (GPRs) have on the protection market and will the service be well received?
Market views Tony Jupp, Norwich Union GPRs are a vital part of the underwriting assessment process with as many as one million reports being requested by the industry each year. Any innovation that will improve upon the current process is welcomed. We believe that by harnessing electronic technology, we are certain to see the emergence of quantifiable benefits to clients, GPs and insurers alike in a number of areas. There would be a reduction in the overall time taken to assess an application and to issue acceptance terms. Consequently, this would lead to a reduction in ...
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