SimplyBiz has partnered with private medical insurance (PMI) adviser Usay Compare to offer a referral service to its member firms.
The partnership provides an endorsed PMI referral route for complex cases, or advisers who do not focus on health insurance as a core business area.
In addition to Usay Compare’s panel of insurers, users of the service will also have access to a client portal service, created to assist with keeping track of quotes.
This is the second such referral deal for Usay Compare. Last year financial advice network Openwork partnered with the firm for its private medical insurance referral service.
Emma Vaughan, head of protection and health solutions at SimplyBiz, said: “The importance of private medical insurance has grown significantly in recently years, and current NHS waiting times mean that advisers need a viable alternative solution for clients more than ever.
“Our PMI referral service has been designed to save advisers time when working in this often complex market, meet their clients’ needs, and help to deliver better outcomes in this vital area.
“The breadth of options available through Usay Compare, in addition to its dedication to exceptional service levels, and impressive conversion rates, make it a referral option in which advisers can be confident and I’m sure it’ll be a solution welcomed by both our member firms, and their clients.”
Sunny Solanki, director of Usay Compare, added that being introduced as SimplyBiz’s endorsed partner marked another significant milestone for the organisation.
“Together, we will be able to offer advisers a broad range of PMI solutions for their clients, while also sharing expertise and resources to drive innovation and growth,“
“This partnership will also allow us to expand our reach and impact in new markets and industries.
“I am confident that this partnership will bring great benefits to both companies and valued clients, and I look forward to a bright future together.”
In May 2021 Towergate Health & Protection owner Ardonagh Group bought the Usay Group.