Insurtech Uinsure has announced the addition of Integra Insurance Solutions to its panel of home insurers.
Integra, a specialist in the home insurance market, employs pricing technology and strategies to offer competitive and tailored premiums for individual homes.
For Uinsure’s intermediary, bank, and building society partners, the expansion of its home insurance panel brings several advantages. The inclusion of Integra as an underwriter enhances the ability to quote a broader range of customers by strengthening underwriting capabilities and increasing competitiveness for individual risks.
Will Price (pictured above), Uinsure’s chief insurance officer, stated that the company’s goal is to provide a competitive price to every customer who engages with them through various partners, including IFAs, intermediaries, banks, and building societies.
He noted that having a robust home insurance panel is essential for achieving this goal. Price also highlighted Integra's value as a data-driven and digitally focused business that aligns with Uinsure’s emphasis on leveraging technology and data to enhance customer experiences.
Tony Dixon, chief underwriting officer at Integra, remarked on the synergy between the two companies.
He noted that Uinsure’s commitment to digitising insurance and simplifying the customer journey within the mortgage intermediary space aligns with Integra’s proactive approach to insurance pricing and underwriting. He also expressed enthusiasm about the growth opportunities this partnership could bring to both parties.
Founded in 2007, Uinsure operates a cloud-based technology platform that connects financial intermediaries and lenders with a panel of the UK’s leading insurers. The platform aims to simplify the process of arranging insurance cover, offering a streamlined, frictionless experience for customers.
Elsewhere in the home insurance market, a Compare the Market survey shows that home insurance rates in the UK continued to rise from April to June this year, with some regions registering more than a 60% jump in rates.
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