Protection Guru has boosted the variety of searches brokers can perform on its platform by 250%.
The comparability agency says advisers can improve searches utilizing their standard licences, permitting them to conduct searches throughout all merchandise utilizing a single credit score utilizing its Pro device.
Searches embody life insurance coverage, essential sickness, revenue safety and revenue household profit, in addition to enterprise safety.
Previously, brokers might use a credit score for every report generated and had 10 experiences per 30 days included of their standard license earlier than needing to purchase additional credit.
The agency says within the first six months of this 12 months, regardless of having the ability to help all major time period product sorts, 60% of searches on its Pro device have been for essential sickness plans, in comparison with 23% for revenue safety and 13% for all times safety. Other product sorts took up the remaining 4%.
It provides: “Allowing considerably extra searches at no additional value will permit advisers to make use of the service as it’s meant, as a device that can be utilized in all their time period suggestions to display worth for cash.”
Protection Guru founder and chief govt Ian McKenna says: “We have discovered many advisers misunderstand what our service is designed for.
“While uniquely we will present evaluation of essential sickness plans for brand spanking new and substitute companies based mostly on comparability of the skilled evaluation of an esteemed panel of docs, epidemiologists, consultants and specialists, that is simply a part of the service.
McKenna factors out: “We give advisers the means to hold out worth for cash evaluation throughout the total vary of main time period safety plans.
“This allows companies to display higher shopper outcomes, enhance their Consumer Duty compliance and based mostly on analysis amongst our customers, considerably improve their revenue.”
