LifeQuote’s outsourced case management system has been selected for use by financial advice network Openwork.
The service, which was launched on 3 October, will allow Openwork advisers to pass their post-client recommendation administration to LifeQuote to manage through to completion.
LifeQuote’s system integrates with iPipeline's SolutionBuilder, Openwork's chosen protection platform, to enable advisers to research and quote on chosen protection products.
They can then choose to pass the case over to LifeQuote’s dedicated team of case managers based in Chichester.
Openwork recently announced adviser numbers across the Group had topped 3,500.
John Cupis, mortgage director of Openwork, said: “Ensuring that all clients have the opportunity to receive appropriate protection advice is a fundamental part of our business.
“LifeQuote gives our firms the option to outsource the post-advice administration - which can be time-consuming, especially with complex cases - enabling them to focus on more profitable activities."
Neil McCarthy, sales and marketing director of LifeQuote, said: "With Openwork, iPipeline and LifeQuote you are bringing together three of the most committed organisations to ensure all advisers and their clients have the opportunity to have protection cover.
“By saving advisers time in collecting application data, re-keying information, dealing with insurers and clinicians and the usual administration issues, means that advisers should be able to advise on many more cases. They also do this in the knowledge that they will be kept up to date on all their cases, regardless of insurer, via our real-time case management technology."
simon.allin@ft.com
