Month: June 2024

Leading Insurtech, Uinsure, has announced two new significant roles created to lead the strategic focus of the business.

Will Price, who was previously at BGL, brings with him over 30 years’ experience of developing insurer partnerships and takes on the newly created role of Chief Insurance Officer, with the remit of maintaining and developing a strong and future-focused insurer partner offering to support Uinsure’s product proposition.

Paul Kelly, who has served as Chief Proposition Officer since 2016, will become Chief Product and Program Officer, and will develop Uinsure’s product proposition, as well as delivering large and strategically critical projects to facilitate growth plans.

Following on from Lloyds Development Capital’s (LDC) investment in Q1 of 2024, the creation of the two new roles will support Uinsure’s expansion and market growth ambitions, as it further strengthens its insurance technology and distribution reach across new and existing markets.

Martin Schultheiss, Group Managing Director, commented: “Our commitment remains to deliver exceptional customer experiences that provide our partners with progressive and relevant insurance solutions. Both Will and Paul are highly experienced in their respective areas and will play a critical role in the next phase of Uinsure’s growth strategy.”

Will Price, Chief Insurance Officer, added: “This is a hugely exciting time for me to join the business. Uinsure is well-invested, has a clear and executable strategy and a strong position in its chosen markets.

“Collaborating to deepen our existing insurer relationships, as well as building new ones in the non-standard and landlord spaces, will mean we can deliver sound underwriting results and competitive propositions as we expand our distribution reach.”

Paul Kelly, Chief Product and Program Officer, said: “The simplicity of our technology has been the driving force behind our success and we want to take this to the next level. Our future developments will be transformational and accelerate the growth of our proposition and the markets that we operate in.”

One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has partnered with leading insurtech provider, Uinsure, to create an integrated insurance experience.

The partnership includes a full system integration that will enable OMS users to access the UinsureCX platform to generate automated insurance quotes to their customers, as well as providing greater understanding around the need for insurance at key moments within the mortgage journey, such as at application, offer and exchange.

UinsureCX is the first platform in the UK to be able to track an individual’s mortgage progress and provide fully automated communications at the most relevant time of the mortgage cycle. It also absorbs data such as mortgage circumstances, e.g. ‘new build’ or ‘remortgage’, to deliver dynamic, contextual content at the right time, and provides the ability for mortgage customers to purchase insurance digitally.

OMS is the only end-to-end platform which covers product areas such as residential, buy-to-let, second charge, equity release, bridging, commercial plus general insurance, and protection. It is integrated with market-leading providers – Ignite, Submissions Brain, The Source, Twenty7Tec, iPipeline, Hometrack, Experian, Equifax, Uinsure, Air Sourcing and Knowledge Bank – to provide users with best in class for product sourcing, protection sourcing and criteria searching.

OMS is proud to be one of the first CRM platforms within the mortgage industry to achieve ISO 27001 certification. This significant milestone reflects OMS’s ongoing efforts to establish itself as a trusted and reliable partner in the mortgage origination space. By obtaining ISO 27001 certification, OMS reinforces its position as a leading tech provider and strengthens its ability to support the evolving needs of its clients.

Neal Jannels, Managing Director of One Mortgage System (OMS), commented:

“As a leading force within the Insurtech marketplace, Uinsure is transforming the way insurance is provided in the intermediary market and its data-driven strategy to provide personalised and precise insurance quotes as clients move through the mortgage journey aligns perfectly with our customer-centric approach.

This is a partnership which will undoubtedly prove hugely beneficial to our users and their clients as they look to remove the hurdles which can sometimes hamper these vital conversations.”

Lauren Bagley, Chief Partnership and Marketing Officer at Uinsure, added:

“We’re bringing embedded insurance to life and making insurance more relevant by enabling intermediaries to consistently offer cover to their clients as soon as it becomes a need.

“Our new partnership allows us to significantly scale access to UinsureCX as our industry-leading technology can now be utilised by the strong network of firms who use the OMS platform.”

To register for a free trial, brokers should visit www.onemortgage.co.uk