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L&G extends its trading platform

Legal & General has extended its electronic trading systems for its protection range so that more cases can be processed automatically through the whole new business process.

The company has enabled IFAs and business partners using its eProtection Choices range to benefit from an automated underwriting service similar to that of its Online Term Assurance which is popular among advisers.

OLTA allows advisers to go online to collect and validate all the required customer data and receive an underwriting decision while still online.

eProtection Choices enables advisers to collect customer data and complete applications offline before going online at a convenient time to submit forms to Legal & General.

The enhanced eProtection Choices system means applications for this range of products will also benefit from Legal & General&#39s automated underwriting tools and in many cases these will now be completed as soon as they are received.

Policy documents for such cases will be issued automatically and immediately.


AMI seeks local chairmen

The Association of Mortgage Intermediaries is encouraging brokers to apply to become regional chairmen of the trade body as part of its plan to set up a local branch structure. In its next stage of development AMI plans to set up a regional structure and as part the process the body is seeking intermediaries who […]

Blonde ambition

Bristol-based mortgage network Whitechurch is hoping to win over intermediaries by sending them this cheeky postcard over the next fortnight. The saucy seaside postcard, pictured here for the first time, features a scantily clad cartoon lady whose assets are just about covered by a swimsuit daubed with the word &#39fees&#39. A mortgage broker nearly falls […]

Compliance system to help packagers

Personal Touch Insurance and em Financial claim to have developed a compliance model that could secure the future of packagers without affecting profitability. The model, called &#39the box&#39, is said to offer a complete training and compliance package to individual introducers, small networks or a packager while ensuring the ability to retain 100% of any […]

Igroup on target for £3.5bn

igroup gross new originations hit almost £1bn in the third quarter of 2003. When compared with the equivalent period of trading in 2002 the number of accounts written rose by 21% and their total value by 23%. The company says this puts it on track to break through the £3.5bn new lending figure by the […]


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