CETA Life, a subsidiary of CETA, has linked up with Mortgage 2000 to provide an integrated mortgage and life system for financial advisers.
The technology link, which involves Mortgage 2000's sourcing software Encore and CETA's Life system, enables brokers to enter client data into the Mortgage 2000 Encore system and obtain a life quote at the same time they search for a mortgage product.
The CETA Life system, which is available free of charge, gives brokers access to products from leading insurers including L&G, Scottish Provident and Norwich Union. Quotations are provided by CETA's disk-based comparative quotation system and applications can be submitted electronically via the system. The CETA Life facility compliments existing household insurance and MPPI technology links which already exist between Mortgage 2000 and CETA.
Adrian Waters, director at CETA Life, says: “This link is a logical enhancement which enables brokers to key in one set of client data and provide clients with quotations for multiple product types. This not only saves time but should also help increase the sale of term assurance - important cover for anyone taking out a repayment mortgage.”
Steve Butler, national sales manager at Mortgage 2000, says: “This is a sensible collaboration between two companies which are using technology to deliver real benefits to brokers and their clients. I have no doubt the links to CETA Life system will prove popular with brokers.”
CETA will be demonstrating the facility at a number of Mortgage 2000 training workshops throughout the year. Brokers who would like to attend can do so by registering with Mortgage 2000.