iPipeline's new life business processing up 28% in 2017

Adam Saville
clock • 2 min read

The firm processed £40bn in life cover, £10bn in critical illness cover and £3bn in income protection last year

Life and pensions technology provider iPipeline has reported an almost 30% hike in new life business processed through its platform for 2016-2017. This equates to £40bn in life cover, £10bn CIC and £3bn in IP processed for the UK life market during this period. The firm's end-of-year business figures also showed that usage of SolutionBuilder - its research, quote and application solution for advisers - grew 50% and was up 35% in Q4 2017 compared to the same period in 2016. Meanwhile, the number of clients quoted projection is up 21% from the previous year, following the trend seen ...

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