Zurich has cut the amount of time it takes to re-register assets onto its retail platform to an average of seven working days.
Alistair Wilson, head of platform strategy for Zurich, said the slashed transfer times was helped by Origo’s technology and he pointed out the shortest time he has now seen for re-registration is one day.
He said: “Having the Options Transfers service available on our platform makes a previously costly manual process a more efficient transaction. We are looking to see how we can extend this service to benefit more of our customers.”
Paul Pettitt, managing director of Origo said: “Origo Options service has a six-year pedigree in creating a faster, more efficient transfer process, and some 60 brands are now signed up to the service.
“Speed of re-registration is an industry issue and it is groups like Zurich that are helping to lead the market by addressing it within their businesses.
“Options Transfers provides automation of the re-registration process, which, as well as improving the quality and speed of service to the end client, can create significant efficiencies and cost savings for companies adopting the service.”
