Uinsure inks three year deal with Beneficial mortgage network

Insurtech firm Uinsure has entered into a single-tie partnership with Beneficial mortgage network to become the sole provider of general insurance for Beneficial in a three-year deal.

The partnership will enable advisers to automatically obtain binding quotes via Uinsure’s API, making the process frictionless and allowing users to obtain a 100 percent mortgage to GI quote ratio.

David Smith, chief innovation officer at Uinsure, said: “We’re absolutely delighted to become the sole GI Provider for Beneficial network. We have built a great relationship with Beneficial over the past few years and we are thrilled to announce this latest tie-up which will ensure their customers are protected with multi-award-winning Defaqto & Moneyfacts 5 Star-rated Home Insurance."

"We recently made our quote journey even quicker, reducing the final eligibility question set down to just three checkboxes to make our process faster than ever before," Smith added. "Following today’s announcement, we will be working closely with Beneficial Life to maximise the GI potential of the network and with our technological advances it has never been easier.”

Jason McDonald, director at Beneficial, said: “We’re excited to have joined forces with Uinsure in this exclusive partnership. Uinsure shares our core values to provide customers with products of the highest quality as well as outstanding customer service and their 5 Star rated products will ensure that our customers are provided with a comprehensive level of cover which I’m confident they will be impressed with.”