New business volumes up 88.6% on same time last year for first three months of 2019
Technology provider iPipeline has once again reported a record increase in total year-on-year new business growth through its protection sourcing tools. For Q3, its new business volumes were up 88.6% on the previous year, with 17.8% of this being driven by existing clients and new clients wins making up the rest. Mortgage brokers outperformed independent financial advisers (IFAs) for levels of new protection business. Volumes from mortgage brokers showied a 90.5% year-on-year increase, compared with 32.4% from IFAs. According to iPipeline, there has been a wider spread of solutions...
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.