A new comparison feature has been launched on the NEOS platform offering advisers a way to compare premiums and quote NEOS Protection and Encompass Protection.
The insurance provider, which began operating in 2017, states the platform provides a way to compare premiums and projections, includes built-in guidance, and displays close matches where exact matches are unavailable. It also has the ability to quote and apply from comparisons without re-entering data, and can generate detailed reports on the fly.
This latest update follows several changes made earlier in the year by the firm, including the ability for advisers to self-serve quotes to increase client cover and compare pre and post renewal premiums, with further user experience enhancements scheduled for this month.
The firm’s Head of Product and Platform, Matthew Hoyer, said: “We’re excited to launch Premium Comparisons on the NEOS Platform and encouraged by the number of advisers who have already become regular users.
“This feature demonstrates our commitment to making life insurance easy and significantly reducing the cost of risk advice. We look forward to bringing a third product and several platform enhancements to market in the coming weeks and months, bringing advisers a new way of doing business and of generating value.”
To find Premium Comparisons, select ‘new’ from NEOS’ Policy Servicing portal homepage or find it under the clients tab.
