April 16, 2020
Auxilium Partnership to collaborate with UnderwriteMe
Auxilium Partnership, the Protection Club headed up by Mark Graves, is to use the capabilities of the Protection Platform from UnderwriteMe as part of their crusade to increase protection business across the industry.
The key benefits of the Proteciton Platform are to allow advisers to sell multiple products from multiple insurers in one place. Adopting the Auxilium branded Protection Platform will provide advisers with the ability to take advantage of:
• Pre-sales underwritten quotes
• Fully underwritten premiums
• Buy now prices
• Free for advisers to use
UnderwriteMe launched the Protection Platform in 2015, the service comprises a single underwriting question set for multiple lives, products and insurers, improving the customer experience and eliminating the need to re-key data. It also includes a full integration with research experts Defaqto, allowing in-depth product comparisons.
Mark Graves, CEO of Auxilium comments:
“Auxilium’s aim was to bring change to a market crying out for innovation. Firms and advisers were desperately in need of support to help them develop a culture where the protection advice customers receive was every bit as thorough as their mortgage recommendations. We saw working with UnderwriteMe as a great way to help advisers become more confident with the protection sale, easing their concerns around what they saw as ‘underwriting complexity’.
Whilst our aim remains the same, Coronavirus has changed the world around us and the Protection Platform is an even more important tool for helping advisers access the protection their clients need. Advisers who have never before focussed on protection can confidently use it to make protection sales quickly and efficiently, thanks to the Protection Platform’s time-saving processes and ability to compare both quality and price.”
Phil Nash, Director of Sales at UnderwriteMe comments: “The Protection Platform is growing rapidly, with many of the UK’s most prestigious life insurance specialists using our software. The uptake of the platform throughout Q1 2020 has been great to see with just over 75,000 applications submitted. That’s a 49% uplift on the same period in 2019. We are proud to add Auxilium to that list of advocates and look forward to working with them in rolling out the Protection Platform to all the firms they are working with.”
For further information please contact Chris Monaghan – firstname.lastname@example.org – 07786 515084
UnderwriteMe has transformed the protection industry through technology. Bringing Insurers, Brokers and Customers closer together in the marketplace.
Founded in 2012, UnderwriteMe recognised the need to change the protection customer journey from a clunky, inefficient experience to one that makes the buying process easier for customers and advisers alike. The Protection Platform and Underwriting Rules Engine have made protection faster to access.
Auxilium Partnership was founded in 2018 as the first protection service provider dedicated to supporting protection distribution through mortgage firms. In early 2020, Mark Graves formed Aux Group Ltd, which is jointly owned by Mark Graves and The Property Franchise Group. Aux Group is Auxilium’s majority shareholder.
With a unique focus on improving the protection sale through the training and development of mortgage advisers, Auxilium aims to use its methodology to bring real growth to the protection market.
For further information please call Sarah Moore on 07796 291307