F&TRC has agreed a deal with Paradigm to build the first bespoke version of its Quality Analyser tool for the group's advisers.
The initial stage will see Quality Analyser for Protection tailored for the advisers of Paradigm Protect.
Paradigm's bespoke version, Quality Analyser ‘Express', will enable advisers to run a qualitative comparison of protection products in less than 10 clicks, producing a compliant report highlighting the insurers that best match their clients' needs.
The tool will be rolled out to all Paradigm members in due course at no cost to each individual member.
Mike Allison, head of Paradigm Protect, said: "The system provides Paradigm Partners with a quick and easy way to compare insurance providers based on an unparalleled level of information about the quality of their respective products.
"The comprehensive reports generated deliver a valuable audit trail and justification of the advice given and helps advisers ensure that their business submissions are always fully compliant and well documented."
Ian McKenna, director of F&TRC [pictured] said: "It is widely recognised that protection should be about more than just price. Quality Analyser was designed to help advisers make recommendation about which contracts offered best value.
"The challenge has been to find a way to be able to create such analysis quickly when there can be a limited amount of time to talk to about protection needs.
"I am delighted that Paradigm has become the first partner who will be rolling out this advanced version of our system. We believe this will help advisers give better protection advice in a timely fashion and help address the protection gap."
