Mortgage Support Network adopts iPipeline

With SolutionBuilder allowing advisors to run bundled quotes and providing a straight through process, the company anticipates growth in its protection business.

(Leicester Guildhall. Photo credit: NotFromUtrecht.)

Mortgage Support Network (Leicester, U.K.) has adopted the SolutionBuilder research, quote and apply solution from iPipeline, a Cheltenham, U.K. and Exton, Pa.-based provider of software and services to the life and pensions market, in order to enhance the delivery of quality protection advice.

The vendor describes SolutionBuilder as an intelligent protection quote solution that allows advisers to easily compare all protection needs within a simplified and responsive user interface. The solution delivers a complete service, supporting all views of single and multi-benefit products so that advisers can quickly identify the right solution, based on their client’s needs and budget, according to iPipeline.

Straight-Through Process

“Following a brief test period, our members have remarked how intuitive the solution is, from supporting the advice process, to submitting the business, through to completion and commission settlement,” comments Shaun Almond, Sales and Marketing Director, Mortgage Support Network. “With SolutionBuilder allowing advisors to run bundled quotes and providing a straight through process, I’m looking forward to seeing our protection business increase.”

Through use of SolutionBuilder Mortgage Support Network is improving its broker and client proposition, according to Paul Yates, Product Strategy Director, iPipeline. “They have assessed SolutionBuilder and concluded that it can make a significant difference to the advice and sales of protection,” he says. “It makes the process of assessing all protection needs much faster and easier, underpinning the great advice Mortgage Support Network is known for.

“With over 12 percent of iPipeline’s protection transactions now being generated as part of a multi-benefit policy and 25 percent of income protection activity being sold through multi-benefit, it demonstrates how multi-benefit policies have a place in the market,” Yates adds.

HLPartnership Adopts iPipeline SolutionBuilder to Help Advisors Build Protection Business

Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at [email protected] or (503) 936-2803.

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