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MAB integrates GI offer into Midas Pro system

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  • 02/12/2019
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MAB integrates GI offer into Midas Pro system
Mortgage Advice Bureau (MAB) has teamed up with general insurers Legal & General (L&G) and Uinsure to offer a buildings and contents insurance quoting service to its brokers.

 

The new service, B&C Instant Quote, will provide buildings and contents insurance quotes and “buy now” options to brokers within the MAB Midas Pro system.

The two insurers’ own technologies for intermediaries — L&G with SmartQuote and Uinsure with Buy Now — will be integrated into the MAB platform.

The service aims to stop advisers needing to ask a series of questions to which customers may not know the answers, such as what type of locks are fitted in a house.

“We’re extremely pleased to partner with L&G and Uinsure. General insurance is an important market for us and using technology to enhance customers’ and brokers’ experience is a priority. B&C Instant Quote really improves adviser productivity in this area,” said Andy Walton, protection proposition director at MAB.

“Mortgage advisers have a vital role to play in raising awareness of the importance of home insurance and ensuring homeowners are properly protected. However, after a lengthy mortgage application process, we know that arranging insurance is not always a top priority for many homeowners,” Simon Hird, director of broker and intermediary, L&G, said.

“That’s why we’re making it easier to include home insurance as part of the mortgage advice journey. We’re committed to supporting advisers and integration with MAB is a further step to achieving this,” Hird said. 

The Uinsure platform aims to produce binding general insurance quotes with no questions at all.

“We’ve set out to transform adviser general insurance sales with our zero questions user journey and focus on advice. The ease of generating a quote is vital to giving brokers time to advise,” said David Smith, chief innovation officer at Uinsure.

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