The service is available to all directly authorised advisers and any network with an agreement with iPipeline. It allows users of Key to save time and compare both single and multi-benefit protection products on one screen.
Quote data for multiple product categories include life, critical illness and income protection. All of which will now be securely held for 90 days. The results can be compared side by side enabling identification of the best product for the client.
David Hollingworth, associate director communication at London & Country Mortgages, highlighted the importance of the new system: “Protection is not always high on people’s list when they’re taking out a mortgage, they’re just looking to buy a property. There have been situations where brokers get busy and protection can fall to the back. Not everyone will purchase or value protection but at least they will now understand why they should consider it.”
Mark Lofthouse, chief executive of Mortgage Brain, said: “In synergy with our own systems, iPipeline’s SolutionBuilder offers both modern and intuitive functionality and has been developed not only to support – but enhance – an advisers’ business.”
Product strategy director at iPipeline, Paul Yates, said it has seen a 10% increase in productivity and a 20% rise in benefits per client off the back of the integration with SolutionBuilder.
He added that iPipeline is “committed to developing this partnership.”