Digital lender Molo Finance is partnering with Uinsure to offer digital insurance solutions for buy-to-let.
Molo’s customers will have access to Uinsure’s platform, which is designed to streamline the insurance process.
The firms said brokers will also benefit, as the arrangement enables them to offer their clients insurance at a “more relevant stage in the mortgage journey”.
Molo CEO, Francesca Carlesi, said: “This is a fantastic opportunity for two tech-led brands who are innovating their respective industries to come together. As a result, our landlords can transition smoothly from receiving their mortgage to using Uinsure to get cover for their investment.
“Insurance cover is a key requirement in the process of purchasing a buy-to-let property, and this partnership with Uinsure is a natural fit that will help in our efforts to make the buy-to-let experience more fluid.”
Martin Schultheiss, chief commercial officer at Uinsure, added: “Our partnership with digital mortgage experts, Molo, was established through a combined passion and commitment to deliver the best experience possible for mortgage customers.
“Insurance is a critical part of the buying process and, by integrating our technologies, Molo advisers and customers can now benefit from a smoother and more joined-up offering, which is not only extremely quick and simple, but also offers five-star rated cover.”
“As the UK’s first fully-digital lender, Molo is an exciting partner for us at Uinsure and we’re very much looking forward to working with their team as they innovate the sector.”