PTFS team up with Assurant to offer B&C
The system, going live this week, produces demands and needs statements, built from choices made by the customer during the quotation process.
It automatically validates bank information saving advisers time and preventing simple errors as it removes the need to re-key information.
It also reduces the administrative burden by providing real-time management reporting and document production; this is invaluable for the Retail Mediation Activities Return (RMAR) to the FSA.
Kevin Paterson, sales and marketing director at Assurant Intermediary, said: “We believe the sale of general insurance products should be a core part of every adviser’s offering.
“We want advisers to have complete confidence in the products and services they offer, and we realise that to achieve this products must be consumer centric, at a competitive price, and easily accessible.”
Assurant Intermediary’s ASU products have been available to PTFS advisers since last year, and now its B&C insurance will be accessible to all PTFS’s nationwide network of advisers.
Dev Malle, sales director at PTFS, added: “Assurant Intermediary is committed to the intermediary market.
“Its people are passionate about providing high levels of service and they aren’t just knowledgeable about their products – they understand the insurance market and the pressures intermediaries face as well. We’re delighted to be partnering with Assurant Intermediary.”