"The industry is striving to achieve the best possible claims payouts, and by using technology such as the Protection Platform, we can support advisers in providing the maximum information to Providers, in order to eliminate any ambiguity when it comes to payouts."
- Mike Allison, director of protection at Paradigm
Advisers with Paradigm Protect will now have access to UnderwriteMe’s free-to-use, Protection Platform, which includes products from eight providers. This will allow advisers to compare underwritten premiums for multiple products from various providers, even when the client has existing medical conditions.
Commenting on the partnership, Mike Allison, director of protection at Paradigm, has said:
“We are very pleased to be announcing this new partnership with UnderwriteMe’s Protection Platform which now provides access to a ground-breaking protection proposition for our member firms through Paradigm Protect, and hopefully eases the adviser, and client, journey when it comes to ensuring they have the right protection policies in place for their needs.
“In these days of Consumer Duty, ensuring firms cover off the protection conversation and go through the client needs in detail, is vital. However, we also want to ensure we use the technology available to make that process easier, to cut down on the administration burden and the need for rekeying, and by using platforms such as UnderwriteMe advisers can do this, and so much more.
“We all want a high-functioning client service provision for advisers, improving access to protection cover, ensuring better outcomes and fair value, and this new partnership will allow advisers to do just that and outline exactly what clients are paying for and why the recommendation has been made.”
Mark Cracknell, commercial director at UnderwriteMe, added:
“UnderwriteMe are delighted to be working with Paradigm, working together with adviser firms to grow the protection business. Our aim is to work with advisers to simplify the underwriting process, making protection more accessible.”