The Competition Commission banned both the sale of single premium PPI and point-of-sale PPI back in January.
In line with the commission’s findings, the Home Buyer System has been developed to provide a fully compliant process for selling PPI so that brokers and clients know what’s permissible.
The Home Buyer System also now includes a facility for private medical insurance.
Richard Angliss, managing director of Home Buyer Systems explains: “We are pleased to offer users a simplified and restructured process with the latest upgrade.
“Brokers cannot afford to lose any sales of insurance products and we are confident that our upgrade will help them to achieve successful sales of the right insurance cover to best meet their customers’ needs.”