Aegon UK has launched a new digital document service to speed up protection applications for advisers and their clients.
Illustrations and acceptance terms will now be sent electronically, which Aegon said reduces the processing time overall.
Go deeper with GlobalData
Dougy Grant, protection director at Aegon UK, said this is only the first stage of the insurer’s investment into digital transformation.
"We’re committed to investing in a simpler, faster more engaging experience to get more families and businesses protected quicker," said Grant.
He added: "Protection is like any other purchase in that customers want a quick and slick service. When it comes to getting clients on risk, there’s an acknowledgement that as an industry we need to make the process quicker. Too often clients and their advisers are rightly left frustrated by delays. Technology has a huge part to play in correcting that and delivering decisions much more quickly.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
