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Source Insurance – Our Product Enhancements

Our Product Enhancements

Source Insurance – Our Product Enhancements

At Source, we’re firm believers that the greater the input, the greater the reward. This is why we’ve invested countless weeks and months into our new technology and products, which is widely available for all our advisers. A plethora of benefits and features that have been expertly interwoven throughout the system to ensure advisers and their customers have the full GI experience.

With The Source, our new quote and buy system, alongside Source Home, our new in-house addition, we’re doing our best to combat specific obstacles currently standing tall in the financial industry. These enhancements have been made with advisers, specifically catering to advisers’ needs. Take a look below to see some of the benefits we have for you to enjoy.

Let’s Talk About Source Home and the Benefits of Our Product

Through a wide panel, we offer an underwriting footprint of c98%, meaning that in most cases, we will be able to return a price for  customers. Winning Best GI Provider by Mortgage Introducer at the end of 2022, in 2023, we continued our journey of improving our proposition for partners. 

November saw the launch of Source Home, the first common policy wording insurance product created in-house by the Source Insurance Team. This product has been carefully curated to provide quality risk coverage, earning its 5* Defaqto rating, contributing to its success since it went live. This is something that we are all incredibly proud of.

In addition to these exciting enhancements, in mid-2023 we extended our partnership with WhenFresh. Powered by API, this data enables us to reduce the questions that need to be asked by the adviser and streamline the process for the customer. This has also led to the launch of our new Premium Predictor service in January 2024.

How Does Our Existing Panel Help Our Advisers?

The insurance and mortgage market has been demanding for everybody over the last year, with many seeing a significant difference in how they conduct business, and there are challenges ahead. However, with the launch of our new systems and further product enhancements throughout this year, 2024 will be an exciting year for Source and their advisers.

As part of these plans, we will also migrate a range of our existing insurers to the common policy wording product, solidifying the offering available to our advisers and their customers. With the market’s current climate, this will be incredibly positive for our mortgage advisers and partners.

As the year progresses, Source are working hard to deliver consistent product enhancements, continual footprint improvements and positive price point movements. All of this comes at a time when mortgage advisers need that boost and the support to continue providing a quality service to their clients. 

Remember, you can call us on 029 20 265 265 to talk about what we offer or utilise our first-class Livechat feature on our website.