Uinsure, an insurance technology distruptor, has confirmed the proposed partnership, announced in May, with Twenty7Tec.
As part of the agreement, Uinsure has become Twenty7Tec’s general insurance technology provider.
Users of Twenty7Tec’s MortgageSource and MortgageApply will now be able to access general insurance quotes via Uinsure’s open API for all mortgage cases, according to the firm.
Uinsure chief innovation officer David Smith says: “Over recent years mortgage advisers have been unable or unwilling to compete against comparison services and customers have been underserved. This changes that.
“At Uinsure we have set out to transform the adviser GI sales journey to overtake the experience comparison sites provide for their customers.”
Twenty7Tec sales director Phil Bailey adds: “The two teams have managed to create an industry first in such a short timeframe which is no surprise given both fintech businesses are strongly focused on the intermediary world.
“We are delighted to add this service to MortgageSource and bring real value to the mortgage intermediary.”