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Abbey&#39s Introducer Internet clicks into action for online insurance applications

Abbey&#39s system for online mortgage applications, Introducer Internet, has been boosted to include a general insurance application process. The move is part of a campaign to drive up insurance sales through the intermediary channel.

The system enhancements mean it will be easier for advisers to place insurance business with Abbey when submitting a mortgage application. The Introducer Internet system can also be used when submitting stand-alone general insurance applications.

Introducer Internet will now enable advisers to click directly from the existing quick quote screen for insurance to a full online application form, with the client&#39s data being automatically transferred. Once the payment details have been confirmed the application can be submitted online right away, or saved for submission later.

Intermediaries and their clients will benefit from a quicker turnaround as the premiums and any underwriting terms can usually be confirmed within the hour. If the general insurance application is in connection with a new Abbey mortgage, there is no need to supply a start date for the policy as cover will begin automatically when the mortgage completes.

Ambrose McGinn, director of Abbey for intermediaries, says: “The streamlined online application process is aimed at helping intermediaries who are providing a mortgage and insurance service to their clients. The system makes it a faster, simpler process for everyone.

“We also aim to quash perceptions that insurance from lenders isn&#39t as competitive as other providers. The best deal isn&#39t always the cheapest deal- value for money and the scope and quality of the cover are extremely important, as anyone who&#39s ever been under-insured on a claim would agree.”

McGin adds: “Abbey offers a comprehensive range of insurance products with a number of discounts, which means good value for money for the customer.”

The new process on Introducer Internet can be used to make applications for Abbey&#39s Peace of Mind Home Insurance and Paymentcare plans.

Abbey offers discounts of up to 32.5% on the cost of contents premiums for eligible customers.

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