Medical info provider signs insurer for full underwriting service

clock

Medical information provider MorganAsh will provide full outsource underwriting and claims services for a small insurer.

It has signed a contract with Foresters Life in its first move since underwriters joined MorganAsh and extended its tele-interviewing and medical information gathering proposition.

MorganAsh said it expects to extend the full underwriting and claims service to other companies.

Andrew Gething, managing director of MorganAsh, said: "We have gradually been extending our services over the years, and we are happy to now be able to provide a complete underwriting and claims outsource solution.

"For smaller and medium companies, it is clearly cost effective to outsource this service. We will continue to innovate and reduce the time and cost of underwriting."

Euan Allison, managing director of Foresters, said after many years of working with MorganAsh the firm was a natural choice to extend the contract.

Author spotlight

Nicola Culley

More on Underwriting

Vitality launches automated underwriting tool

Vitality launches automated underwriting tool

Provides advisers with immediate decisions

Jaskeet Briah
clock 25 April 2024 • 1 min read
Swiss Re launches AI for underwriting

Swiss Re launches AI for underwriting

AI assistant Guide Scout

Cameron Roberts
clock 22 April 2024 • 1 min read
Partner Insight: Underwriting made clear

Partner Insight: Underwriting made clear

Alun Beynon, Protection Specialist at Scottish Widows, provides his views on Consumer Duty and Underwriting.

Alun Beynon, Protection Specialist @ Scottish Widows
clock 15 April 2024 • 2 min read

Highlights

COVER Survey: Advisers damning of protection insurer service levels

COVER Survey: Advisers damning of protection insurer service levels

"It takes longer than ever to get underwriting terms"

John Brazier
clock 12 October 2023 • 5 min read
Online reviews trump price for young people selecting life and health cover

Online reviews trump price for young people selecting life and health cover

According to latest ReMark report

John Brazier
clock 11 October 2023 • 2 min read
ABI members with staff neurodiversity policy nearly doubles

ABI members with staff neurodiversity policy nearly doubles

Women within executive teams have grown to 32%

Jaskeet Briah
clock 10 October 2023 • 3 min read