"We chose IRESS’ The Exchange as our first portal to launch these new products as its proven functionality helps intermediaries improve client service"
The new term and decreasing-term protection products will be available in addition to Canada Life’s existing whole of life product.
Dave Miller, Executive General Manager at IRESS, commented: “Being selected by Canada Life to make its new term protection products available exclusively through The Exchange confirms our position as a market leading protection sourcing portal.
"With almost 400 products available to intermediaries from circa 30 providers, The Exchange combines market-leading product coverage with a modern and efficient streamlined quote-apply-complete process, which is centred around intermediary and customer needs.”
Jon Ford, Director of Individual Protection at Canada Life, added: “We are committed to providing advisers and customers with a comprehensive range of value-laden protection plans supported by efficient business processing. We chose IRESS’ The Exchange as our first portal to launch these new products as its proven functionality helps intermediaries improve client service while cutting the cost of the sales and advice process and this ties in beautifully with our ‘easy to do business with’ approach to protection.
"We genuinely believe efficiency and value can work hand-in-hand to deliver outstanding results for both customers and advisers and the partnership with IRESS achieves this seamlessly.”