Mortgage Brain does deal with income replacement insurer

Wednesday 11th July 2012

Technology provider Mortgage Brain has joined forces with Marketing and Management Services Ltd (MMS) to give intermediaries access to MMS’s Keystone Lifestyle Protection products.
 
Intermediaries using Mortgage Brain’s sourcing systems, or the Key, can now link straight through to MMS for client quotes on its products.
 
Keystone, launched in 2009, is an income replacement policy covering accident, sickness and unemployment, and is distributed throughout the UK by independent brokers and financial advisers. The policy has achieved a Defaqto 5-star rating for 2010, 2011 and 2012, and offers new opportunities for brokers looking to increase income through ancillary sales opportunities.
 
Mark Lofthouse, CEO of Mortgage Brain, said: “The ability to source and select insurance quotes during the mortgage advice sales process has proved extremely popular with our customers and we’re delighted to be able to add to this service offering by integrating direct links to Keystone’s products within our mortgage sourcing and point-of-sale systems.”
 
Tom Bottomley, director of MMS, said: “Keystone is specifically designed to benefit both consumers and brokers, with compliance at its core. With Keystone, consumers have the ability to protect a wide range of their usual regular monthly commitments, from mortgage or rental payments to utility bills, insurances and direct debit payments.
 
“Keystone has exceptional persistency rates, and commission is paid monthly for the life of the policy.

“We are looking forward to working with Mortgage Brain and introducing our products to its customers.”