The UnderwriteMe comparison service allows intermediaries to compare ‘buy now’ and estimated prices and complete applications on a single platform.
Phil Jeynes, head of sales and marketing for UnderwriteMe, (pictured) said: “AIG Life is a genuine market leader in protection, as demonstrated by its recent Critical Illness enhancements. Having yet another trusted, forward thinking, brand partnering with our comparison service represents another huge step forward for UnderwriteMe and towards a simpler, fairer buying process for the protection industry.”
Peter Thomas, operations director at AIG Life, said: “At AIG Life we pride ourselves on being in tune with what intermediaries need and expect from a provider. We recognise that UnderwriteMe represents a new way of working, which many intermediaries are keen to embrace and we’re excited to be working with them.
I believe this is the beginning of a long and exciting partnership with UnderwriteMe and I’m sure that, together, we can improve the selling and buying experience and thereby grow the market.”
Underwriteme began a pilot in August with the UK’s largest protection advice firm, LifeSearch, and independent mortgage brokers, London and Country Mortgages, who confirmed last year that they would be using UnderwriteMe in Q1. Cavendish Online will launch the first direct to consumer site powered by UnderwriteMe technology early in 2016.
The comparison service is due to be on general release to directly authorised intermediaries in Q1 of 2016, with AIG Life scheduled to be included in Q2.
AIG Life joins LV=, Royal London, Old Mutual Wealth, Partnership, The Exeter, Scottish Friendly and Canada Life in partnering with UnderwriteMe’s comparison service to date.