Insurer Liverpool Victoria is to start using a system developed by Xit2, the online property data network, to manage its equity release valuations.
Vanessa Owens, head of equity release at LV, says: “This is the best platform for our requirements. As well as being quick and easy to use, the Valuation Exchange system will bring fundamental risk controls to the valuation process. It will also give us more control over the distribution of work to our panel manager Spinnaka Surveyors.”
Mark Blackwell, managing director of Xit2, says: “We are delighted to be chosen to work in partnership with an award winning company like Liverpool Victoria. Not only can you access the system 24/7, it provides a full audit trail of all actions taken by system users including the surveyors, it will also improve the level of service they give their customers.”