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Ipipeline and Openwork launch protection service

Ipipeline and Openwork launch protection service

Solutions provider Ipipeline has partnered with Openwork to launch a new offering for advisers working in the protection market called Solution Builder.

The proposition is a new protection quote solution which is aimed at enabling advisers to sell more protection by comparing simple and complex protection products in one view, allowing advisers to identify suitable options based on the client’s budget and needs.

Solution Builder launched with financial advice network Openwork on the 15 December and will be available via OWS, Openwork’s client management system.

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Ian Teague, managing director for Ipipeline UK, said: “Advisers in the protection market have talked about the need to compare multi-benefit quotes for many years, and we are delighted to have partnered with Openwork to bring this solution to the market.

“Solution Builder is tablet friendly and allows advisers to upsell, cross-sell and compare multi-benefit and single benefit products in a single view and then apply online - all wrapped up in a user-friendly, simple interface.”

Mr Teague added: “This a step forward for advisers in the market place today, currently advisers will often compare multi-comparisons separately, whereas solution builder enables advisers to do mutliple comparisons and see them side by side on a single screen.

“This is part of the iPipleine journey to change the way protection is sold in the UK market and help close the protection gap.”

“We also plan to launch an open market version of Solution Builder Open Market available to all advisers and this is scheduled for the second quarter.”

ruth.gillbe@ft.com