Legal & General has launched a digital broker platform that is said to deliver greater efficiency by enabling online management for group income protection and group life assurance policies.
The easy-to-use system gives brokers access to a information on their clients so that they can quote, apply and renew using one user-friendly system.
It also includes all of the recent improvements to the underlying terms and conditions of these policies and provides instant online comparison quotes without the need for advisers to repeatedly input customer data.
Colin Fitzgerald, distribution director, Legal & General Group Protection, said: “Our digital broker platform has been developed to reflect the feedback we’ve received from brokers as well as our appetite for targeting this employer segment through competitive pricing and enhancements to free cover limits.
”Ease of doing business is central to Legal & General’s ongoing service enhancements and the digital broker platform is no exception. We’ve invested in our digital offering to make the process of applying for group protection an easier, more streamlined experience.
“We strongly believe that innovative technology has a significant role to play in the group protection market driving efficiencies of administration, time and cost for brokers to manage their customers’ group life and group income protection policies.”
It also enables brokers to complete renewals online, which will give them greater control and help them ensure that clients stay protected.
The platform is aimed at brokers working with small and medium-sized businesses (SMEs) looking to insure between 10 and 250 employees through group protection policies.