Scottish Widows has committed to adding its life, critical illness and income protection products to IPipeline’s Advanced Underwriting adviser platform this year.
It is the fourth provider to announce its plans to join the platform, alongside The Exeter, Vitality and Zurich.
The platform launched via SolutionBuilder in September and captures upfront information to assess the top 20 most common medical disclosures which typically account for up to 80% of all medical loadings and changes in terms post-application.
The aim is to provide faster, more reliable protection quotes and earlier indicative underwriting decisions so as to help advisers work more efficiently and deliver even better results.
Scott Cadger, head of product, underwriting and claims at Scottish Widows, (pictured) said: “Our overarching approach to underwriting is about being transparent, so customers and advisers alike can make informed choices when selecting and buying protection cover.
“The Advanced Underwriting proposition in SolutionBuilder allows customers with health disclosures to get a more accurate position of the cost of cover, reducing the chance of surprises further into the buying journey. It also supports advisers to have more tailored conversations around the right provider for that client.”
Rachel Edwards, managing director UK of IPipeline said: “We’re delighted that the number of providers using Advanced Underwriting is expanding and it’s fantastic to now have Scottish Widows onboarding to the platform.”