Mortgage and insurance network Stonebridge has rolled out additional functionality to its trading platform, Revolution, to promote protection take-up during mortgage applications.
Through the platform, advisers will be encouraged to either write the protection themselves or signpost to Stonebridge Protect when processing client mortgages. Additionally, the new system can help handle the confirmation process in case clients are declined cover. In a move targeted at motivating members to refer to Stonebridge Protect, the network said that a proportion of the commission will be paid to the member firm, with primary customer ownership "remaining with the originating mortgage adviser at all times." Rob Clifford, chief executive of Stonebridge, said it was "crucia...
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