iPipeline launches 'indicative decision' underwriting tool

Available within SSG Digital platform

Adam Saville
clock
iPipeline launches 'indicative decision' underwriting tool

Online self-serve tool to give advisers an indicative underwriting decision during an application

iPipeline's newly launched underwriting tool is available within its SSG Digital platform.

Designed to ‘help increase the efficiency and speed of the underwriting process' by reducing the need for phone calls between adviser and provider underwriting departments, the self-serve function allows advisers to receive an early indication of a decision before an application has completed.

iPipeline said: "Unlike other disclosure tools that provide generic likely outcomes, iPipeline's new service will link to a provider's latest underwriting philosophy and will deliver exactly the same underwriting outcome as if the disclosure was part of a traditional application. It also means the adviser only has to answer the disclosure questions which are pertinent to their client's circumstances."

The new services follows changes to iPipeline's underwriting philosophy, which incorporated changes around mental health and Covid-19.

Ian Teague, UK group managing director at iPipeline, said: "Our aim is to make the underwriting journey for advisers as simple, smooth and effective as possible, to ultimately ensure they can increase the turnaround of referred cases and get the best cover to meet their clients' needs. Our new underwriting tool is available within the SSG Digital Platform, and it is designed to speed up and increase the efficiency of the underwriting process. Until now, advisers needed to contact a provider's underwriting department to get answers over the phone, which is time and resource-heavy. Our new tool shows how we are continually listening to advisers and providers to improve our offering and give them what they want and need." 

More on Adviser / Broking

In Review: The first half of 2022 in protection

In Review: The first half of 2022 in protection

"Let’s hope to see some examples of real innovation from the industry in the second half of the year"

John Brazier
clock 01 August 2022 • 4 min read
How protection networks adapted in the face of global crises

How protection networks adapted in the face of global crises

From pandemics to economic turmoil

Christopher Marchant
clock 28 July 2022 • 7 min read
Dean Furman celebrates winning the MTN 8 trophy with SuperSport United in South Africa. Image credit: Steve Haag

Meet the firm turning professional athletes into protection advisers

"You're only ever as good as your last game, but your next game could be your last"

Hemma Visavadia
clock 25 July 2022 • 5 min read

Highlights

FCA gives three-month Consumer Duty extension for advisers

FCA gives three-month Consumer Duty extension for advisers

Deadline of 31 July 2023

Hemma Visavadia
clock 27 July 2022 • 5 min read
Meet the firm turning professional athletes into protection advisers

Meet the firm turning professional athletes into protection advisers

"You're only ever as good as your last game, but your next game could be your last"

Hemma Visavadia
clock 25 July 2022 • 5 min read
The COVER Review July 2022: Protection & Financial Education, IPAW 2022 and Reviewing 2022 So Far

The COVER Review July 2022: Protection & Financial Education, IPAW 2022 and Reviewing 2022 So Far

Now available for members to watch

John Brazier
clock 20 July 2022 • 1 min read