"Having competed against Twenty7Tec in a number of technology awards, it’s nice to now be on the same side!"
Uinsure has become Twenty7Tec’s general insurance technology partner.
The partnership will see users of Twenty7Tec’s MortgageSource and MortgageApply systems automatically produce binding GI quotes via Uinsure’s open API for every mortgage case.
The process will be instant and allow Twenty7Tec users to obtain a 100% GI quote to Mortgage ratio.
David Smith, chief innovation officer at Uinsure, commented: “Having competed against Twenty7Tec in a number of technology awards, it’s nice to now be on the same side! Through this partnership, we’re further demonstrating the significance of our new open Zero Questions API, following on from our recent integration with eKeeper group. Users of Twenty7Tec’s systems can now focus on advice rather than rekeying data over and over again, delivering better customer outcomes and enhancing the productivity per case for advisers.
“We’re incredibly excited by the potential that this partnership brings – the work that we do together can shape the InsurTech industry for years to come. With home insurance being a mandatory part of the mortgage process, this ticks all the right boxes for adviser, customer and lender.”
Phil Bailey, sales and marketing director at Twenty7Tec, said: “Uinsure are working on a number of fantastic developments, and Twenty7Tec are delighted to join forces with them. Like many, we believe the key to selling more GI is to make the process as simple and efficient as possible. This integration adds huge value to the intermediary, at a time where the value of a broker needs to remain strong.”
Vikki Jefferies, proposition director at Primis, added: “Both Uinsure and Twenty7Tec are driving disruption and innovation throughout the intermediary mortgage space which has been needed for some time now. We welcome this latest development which demonstrates that collaboration can bring huge benefits to all parties of the advice chain, protecting customers, increasing revenues and improving efficiencies.”