UnderwriteMe overhauls questionnaire and integrates Defaqto

clock • 2 min read

Price comparison tool switches from insurer questionnaire format to customized style with 'catch-all questions' to reduce sales time

Online adviser service UnderwriteMe has claimed it has reduced the sales time of its protection underwriting product by a third as a result of rewriting its questionnaire and by integrating new data analysis tools. The previous question set, launched in 2015, more closely resembles questionnaires found on insurer extranet sites. UnderwriteMe collated the data gained from this process and, along with communications analyst Quietroom, streamlined its system to reduce the number of questions and mouse clicks by at least a third, the firm said.   "For as long as I've been in the industry,...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Underwriting

Digital underwriting: a step forward?

Digital underwriting: a step forward?

“We need to step back and challenge what we do”

Jaskeet Briah
clock 26 September 2024 • 6 min read
Royal London updates cancer underwriting

Royal London updates cancer underwriting

Focus on inclusivity

Cameron Roberts
clock 29 July 2024 • 2 min read
Best Insurance launches AI underwriting solution

Best Insurance launches AI underwriting solution

Targets accident, sickness and unemployment market

Jaskeet Briah
clock 14 June 2024 • 2 min read