Press Release – Page 3

New Online Commercial and Landlord Journeys

Uinsure has launched two new insurance journeys on its Adviser Platform, meaning advisers can now offer landlord property owners insurance, including property portfolios, as well as liability insurance for trades people and professions. This can be done in under 90 seconds.

Through the Adviser Platform, advisers can protect their clients who require cover for multiple properties, commercial lets and blocks of flats whilst also having the facility to quote public and employer’s liability for over 500 different types of businesses.

Traditionally, these journeys have been very time-consuming but by integrating them into Uinsure’s Adviser Platform, intermediaries are able to apply in as little as 90 seconds with simplified, intuitive quote journeys that are reflective of Uinsure’s market-leading mainstream home and BTL experiences.

Martin Schultheiss, Uinsure’s Group Managing Director, said:

“Uinsure’s new property owners and trade and profession journeys have been developed using our industry-leading technology to simplify traditionally more time consuming applications. And now, for the first time, advisers can apply online in the same way they can for standard home insurance.

“After launching a pilot, we had resounding feedback that made it clear the new journeys have enabled partners to expand their own offerings and convert policies they previously wouldn’t have considered after straightforward product training. We’re now very much looking forward to taking this further and opening up these journeys on a national scale as a result.

“This new functionality will not only generate additional income for advisers but reinforce our belief that Uinsure is continually offering and developing the most effective solutions for anything in the general insurance space.”

Ed Jackson, Nest’s Managing Director, said:

“Since we’ve had online access to the new journeys it’s changed the way we look at our clients and do business. After some quick product training with Sean and his team, we’ve been able to place many more commercial enquiries than we could before, meaning we’ve been able to increase our own revenues whilst saving time.

“For anyone who’s looking to open up their proposition, and especially anyone who’s already doing GI themselves, it’s an absolute no-brainer because the process has been made that easy.”

Uinsure is holding training workshops for firms and individuals who are looking to expand into these areas. To register your interest in a workshop, click here.

Acre Simplifies Home Insurance with the Help of Uinsure

Acre, the innovative end-to-end mortgage intermediaries platform, has announced a new partnership with Uinsure to drastically simplify building and contents insurance advice. This exciting move means that advisers using Acre will now be able to help protect client homes as part of the mortgage journey in a matter of seconds.

There has never been a more important time to ensure consumers have the right coverage for their home as they face pressure from the rise in the cost of living. Advisers using Acre’s platform will be able to access the most accurate and best value home protection quotes at a click of a button, thanks to Uinsure’s advanced quoting technology and Acre’s unique way of storing and reusing property and client data.

Previous implementations required extensive data entry to get accurate quotes that provided good customer value. Acre and Uinsure’s teams have worked closely together to maximise data re-use, pulling on Acre’s proprietary property dataset and its unique client-centric data model. This helps Acre in its aim to be the one-stop shop for brokers – from CRM, lead capture and sourcing to fact finding, recommendation and application – saving brokers time and money whilst promoting better compliance.

Justus Brown, CEO and founder of Acre said:

“Our aim is to allow brokers to spend more time focusing on their clients’ needs and deliver better outcomes with fewer delays. The way we approach data means we understand more about a property than any other tool available to brokers. Combining this deep, data-driven insight with Uinsure’s quoting and application capabilities means brokers can easily and quickly deliver the most accurate and best value policies – ensuring customers are well-covered should circumstances change in the current climate.

“We are thrilled to deepen our partnership with Uinsure to help brokers deliver the home coverage clients need without data leakage and tons of extra effort.”

Lauren Bagley, Uinsure’s Chief Distribution Officer, said:

“Our ongoing mission is to remove the complexities from the GI journey and our integration with Acre means advisers have industry-leading tech available at their fingertips to make the journey for both themselves and their clients as easy as possible – all while including the purchase of insurance as part of their service.

“The partnership with Acre is a natural one. Acre’s software, like ours, has been built with customer experience at the very heart of the development. We’ve both been able to massively streamline and simplify the way our products can be offered through new tech developments and smart data integrations that gives advisers tremendous opportunity for significant time savings when using the platform.”

Since coming to market last year, brokers using Acre have already helped over 10 000 homebuyers get their mortgage, and active brokers have been doubling every three months. To find out more about Acre or to sign up to a demonstration, please visit www.acresoftware.com

Smartr365 Expands Their Offering with Uinsure Partnership

Smartr365 Expands Their Offering into Home Insurance with Uinsure Partnership

The industry’s leading end-to-end mortgage provider, Smartr365, has expanded its offering into home insurance through a partnership with Uinsure, it was announced today. The integration seeks to further streamline the homeownership journey through the addition of home insurance to the integrated services already offered via Smartr365 platform.

Clients will now be able to access quotes for home insurance within the platform in seconds, eliminating the need to consult external brokers. Instead, advisors utilising the Smartr365 platform can provide customers with a total-solution package across borrowing and insurance, with the aim of reducing paperwork and allowing more time for client engagement, in turn, helping to boost client retention.

Thanks to auto-fill technology, brokers that have initially keyed in client data through Smartr365 will be able to create, tailor and compare quotes in seconds without needing to re-type personal details entered elsewhere on the platform. Other benefits include coordination between both Smartr365 and Uinsure platforms to ensure updates made through Uinsure are automatically reflected on Smartr365, streamlining the process to save advisors up to one hour per application.

The integration forms part of Smartr365’s quest to digitalise the mortgage journey, enhancing the borrowing experience from broker to buyer.

Conor Murphy, CEO and Founder, Smartr365 said:

“There has been real appetite amongst mortgage advisors to expand their services and we have listened, bringing borrowing and insurance together to allow brokers to offer clients a one-stop shop to homeownership and a truly end-to-end mortgage experience. This partnership means that brokers can offer a more comprehensive service to their clients, without the need for time consuming training and accreditation, available via the Smartr365 platform.

“Smartr365 is committed to saving brokers time and preventing paperwork in a bid to simplify the mortgage journey, and this partnership with Uinsure is no exception. Our innovative digital technologies and auto-population features will allow brokers to concentrate their efforts on providing ever-crucial advice to clients amidst such challenging economic circumstances.”

Martin Schultheiss, Uinsure Group Managing Director, said:

“As a result of our integration advisers will benefit from industry-leading insurance technology that automatically extracts client data to build the relevant insurance policy, massively simplifying and streamlining the application process, all from within their existing client management platform – Smartr365.

“This technology was developed to help us achieve our mission of seeing GI offered alongside every mortgage application and as this can now be done in seconds from within adviser’s existing workspace, this will prove to be a significant hurdle in helping us achieve our goal.

“Both ourselves at Uinsure and the team at Smartr365 have delivered tech solutions that are built solely with the end customer in mind and given how we’re closely aligned in our drive to continually progress, we’re very much looking forward to how our partnership will evolve.”

Uinsure Celebrates Silver at the UK Business & Innovation Awards

Uinsure collected the Silver Award at the 2022 UK Business and Innovation Awards in recognition for its Adviser Platform.

The award is further recognition for a platform that collected the Technology Innovation of the Year at the recent Tech & Innovation Awards.

The new Adviser Platform itself was launched in early 2021 as a result of an in-depth research and development phase with the goal to remove the complexities associated with general insurance.

Getting a home insurance quote was typically a drawn out, complex process that asked home owners upwards of 50 questions, many of which are difficult or impossible to answer correctly, meaning the end customer would always carry a risk of their policy being invalidated.

As a result, Uinsure developed its own technology platform, a revolutionary experience that allows general insurance to be quoted in just three questions, taking less than 20 seconds, helping to negate the risk of invalid policies but also to add speed, simplicity and transparency to the home insurance process.

Advisers are now able to receive an insurance quote across home, buy to let and non-standard by inputting just their client’s name, date of birth and postcode.

This hugely simplified journey impressed judges and has helped to recognise the insurtech industry as one of the most progressive in amongst some highly impressive fields.

Martin Schultheiss, Uinsure’s Group Managing Director, said:

“The recognition we’re receiving for the new Adviser Platform is testament to the creativity and innovation our team has shown in bringing our technology successfully to market.

“We do not ever view any of our technologies as finished articles and instead will always be working both behind the scenes and closely with our expanding network of partners to continually develop and improve further.”

In-House Specialist Insurance Team Launches

Uinsure has launched its new insurance division, Uinsure Specialist, to handle non-standard and commercial referrals.

Uinsure is working with wide panel of insurers which include, Ageas, Covea, NIG, Zurich, RSA, Pen Underwriting, Q Underwriting, Midas, Prestige, AXA and Commercial Express to ensure clients with more specialist or complex insurance needs can access comprehensive and competitive products across a wide underwriting footprint.

Martin Schultheiss, Group Managing Director, said:

“We’ve been piloting Uinsure Specialist since December 2020 with a number of our key partners’ clients. Uinsure Specialist moves us further forward in our mission to remove insurance complexity and deliver fair value in a digital age. It’s a great example of how technology can help to deliver much better experiences across a wider spectrum of insurance needs.”

A key focus for the new division will be to make sure that insurance risks which fall outside of Uinsure’s standard product range can be insured with the most efficient and frictionless experience possible. For example, properties undergoing building works, long term unoccupancies and a wide variety of non-standard construction types can now be referred by advisers through the Uinsure Adviser Platform.

In addition, commercial referrals for property portfolios, blocks of flats, commercial properties, liability cover for self-employed people, shops, offices and the vast majority of SMEs can all now be serviced by the new team.

Schultheiss added:

“Advising on complex insurance needs can, in its very nature, be a difficult process. Using our technology, we’re able to streamline this once complex process so even advisers who have clients with unusual or traditionally difficult insurance needs will benefit, because of the service Sean and his team can now offer.”

Sean Thompson, Specialist Insurance Director, heads up the new division that will handle all Non-Standard Home and Commercial insurance referrals submitted through the Uinsure Adviser Platform.

Sean, commented:

“By launching the new service, we’re able to harness Uinsure’s industry-leading technology to simplify the referral process and the client experience, while ensuring we develop strong panels and products that match the mix of referrals we receive. The ten-month pilot has allowed us prove strong quote and conversion and we’re now very much looking forward to supporting advisers in a wider capacity.”

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