The tool, which launched earlier this year, is designed to help advisers make product selection decisions based on their client’s individual needs.
The comparison service includes product information for life, critical illness, income protection, and mortgage protection. It includes product features such as policy conditions, added benefits, exclusions, claims and underwriting.
The Paradigm Group, which represents more than 2,500 advisers across 750 firms, launched its Paradigm Protect protection arm earlier this year.
Mike Allison, head of protection at Paradigm Group, said: “It is becoming increasingly important to consider a range of both product and operational features when considering which protection products best meet our client’s needs.
“Tools such as Quality Analyser from F&TRC help us benchmark hundreds of different factors within a matter of seconds to help our advisers make the best recommendations, which is why we now provide the tool to all directly authorised Paradigm Protect firms. The additional CPD support is excellent and in the future these systems could also influence panel selection.”
Ian McKenna, managing director of F&TRC, said: “We are delighted Paradigm Protect advisers will be using our Quality Analyser service. The tool provides adviser firms with easy access a vast amount of protection data enabling them to easily see what providers do and do not offer within their propositions.”
