Mortgage Advice Bureau (MAB) has joined up with Legal & General and Uinsure to launch B&C InstantQuote to its network of mortgage and protection advisers.
The technology allows advisers to gain instant quotes and buy it now options for both insurers without leaving MAB’s Midas Pro system.
Legal & General, General Insurance has recently launched its SmartQuote technology for intermediaries whilst Uinsure has done the same with its Buy Now product. Both insurers are integrated via the Midas Pro system under the name B&C Instant Quote.
The technology also removes the need for advisers to ask customers numerous detailed questions some of which the customer may not know the answer to – such as the type of locks on a house.
Andy Walton, protection proposition director at Mortgage Advice Bureau, said: “We are extremely pleased to partner with both Legal & General and Uinsure to launch B&C Instant Quote within our Midas Pro system.
“General Insurance is an important market for us and using technology to significantly enhance the customer and adviser experience is a priority for MAB, which is why we have partnered with two leading insurers to make the process of buying building and contents insurance a lot easier. Instant Quote really improves adviser productivity in this area.”
SmartQuote’s integration with Mortgage Advice Bureau is the first in a series of partnerships for Legal & General.
Simon Hird, director of broker and intermediary, Legal & General, General Insurance, added: “We are delighted to be partnering with Mortgage Advice Bureau to deliver our SmartQuote technology to their advisers and customers.
“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 isn’t always a top priority for many homeowners. That’s why we are making it easier than ever before to include home insurance as part of the mortgage advice journey.
“We are committed to supporting advisers in the home insurance market and our integration with Mortgage Advice Bureau is just one more step to achieving this.”