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Exclusive: Mojo Mortgages to provide automated GI quotes with Uinsure tie-in

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  • 21/08/2019
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Exclusive: Mojo Mortgages to provide automated GI quotes with Uinsure tie-in
Online broker Mojo Mortgages has partnered with tech firm Uinsure, in a move which will give Mojo’s borrowers the chance to automatically generate a general insurance (GI) quote when looking for a mortgage.

 

The adviser argued that traditionally brokers have seen general insurance as an ancillary product, despite buildings insurance being a requirement for a mortgage. 

As a result of the tie-up, when prospective borrowers apply for a mortgage on the Mojo website, they will be shown personalised quotes from Uinsure’s panel of insurers. It suggested this will reduce the risk of borrowers leaving it to the last minute to sort out their insurance, with the potential for policy mistakes.

The deal follows a partnership between Uinsure and Twenty7Tec announced last month.

Richard Hayes (pictured), chief executive officer at Mojo, said the broker wanted to make the mortgage process easier, suggesting the mortgage market has “lacked innovation for too long”.

He continued: “This partnership with Uinsure aligns the mortgage and insurance quote process at the perfect moment for the customer.” 

David Smith, chief innovation officer at Uinsure, said the two firms were united in their attempts to improve a process which has “historically been outdated and unnecessarily complex”.

He added: “With our Zero Questions platform, general insurance quotes can be returned instantly, based on three key pieces of information: name, date of birth and address.”

 

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