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Purely Mortgages and Lifequote agree deal

Purely Mortgages, which plans to launch to the general public soon, is aiming to take a significant share of the UK mortgage market within five years and sees providing customers with high quality, low cost life insurance products as key to meeting customers needs and expectations.

 

The agreement will see LifeQuote taking responsibility for the delivery of life and critical illness quotes, automated personal illustrations and key features documents via a link between the companies systems, together with the full back office administration for all applications through to completion. The agreement includes full access for Purely Mortgages to LifeQuote&#39s express underwriting service.

 

Colin Bell, chief operating officer for Purely Mortgages, says: “Providing quality low cost simple protection for our customers is fundamental to our proposition and we have found in LifeQuote the ideal partner to complement our approach to the market. LifeQuote&#39s technology and full processing service offering made the decision to use them easy. We are particularly impressed by the way the have re-engineered the whole application process through Express Underwriting offering real benefits to our staff and customers over the telephone.”

 

Richard Verdin, sales and marketing director at LifeQuote, says: “Purely Mortgages has a clear customer focussed proposition and our technology and service ethos are superbly aligned. We are pleased to be working with such a strong and experienced management team from the mortgage world.”

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