New entrant's life and critical illness products now available
Significant growth for income protection and multi-benefit products
What do lower provider numbers and fewer products really mean for income protection and advisers?
Advisers (84%) selling single products directly from providers are wasting their time
Protection must "widen its proposition to meet needs of renters", says Swiss Re's Ron Wheatcroft
The Exchange indicates 'record-breaking quarter' for critical illness, life, income protection and multi benefit products for first three months of 2018
Financial technology business IRESS saw a record-breaking month for protection new business in November, with 59,000 applications filled out compared with 49,000 12 months ago.
IRESS has boosted its XPLAN Mortgage system with the addition of a 'Protection Sourcing' module as the technology provider looks to streamline further the end-to-end mortgage sales process for advisers and their clients.
IRESS has seen it operating revenue in the UK increase by 4.1%, to £28.9m, while profits excluding Enterprise Lending were down 1.7% to £6.5m.