General insurance provider Uinsure has made a series of changes to its Defaqto Compare Tool to help brokers meet FCA compliance requirements.
The provider’s free Defaqto compare tool results page can now be printed in an easy to read format which is also date stamped for accuracy.
Uinsure claims to be the only provider in the UK Intermediary sector offering this service.
Simon Taylor, chief executive of Uinsure, said: “The free Defaqto compare tool which is available to our brokers already helps brokers to secure more business and have the confidence that the product they select is best for their clients.
“This new move will help them to ensure they adhere to and exceed FCA compliance regulations when searching and selecting insurance options for their customers.
“This is something our brokers have asked for and, as a provider that is committed to listening to and responding to feedback, I am delighted we have been able to deliver it.”
Remko Bijtjes, director of Defaqto, added: “Defaqto have been working in partnership with Uinsure to help enhance their general insurance proposition over the last two years most notably with the addition of the Defaqto Compare Tool for their household and buy-to-let products.
“Both Uinsure and Defaqto understand the challenges that mortgage brokers [and] IFAs face on a daily basis comparing hundreds of products across the marketplace.
“The latest enhancement to the Defaqto Compare Tool will further assist mortgage brokers [and] IFAs from a compliance perspective by allowing their search to be printed and date stamped.”