Mortgage brokers increased protection sales year on year by 102% during last quarter
Technology provider iPipeline has reported that new business volumes for Q2 were up 39% when compared to this time last year. iPipeline's existing clients contributed to a 16% increase in new business, with new clients, including Mortgage Advice Bureau and Primis Mortgage Network, contributing to the remainder. Mortgage brokers increased protection sales year on year by 102% in Q2 while IFA business increased by 27%. The proportion of life cover containing critical illness is currently 46%....
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