FinTech link allows lender to offer ultra-fast insurance quotes

Nottingham Building Society has partnered with insurance technology firm, Uinsure to provide home insurance quotes in as little as 60 seconds.

Members will be able to obtain a home insurance quote by entering three simple criteria: their name, date of birth and postcode.

Powered by the Manchester-based insuretech, the partnership will grant Nottingham Building Society’s members access to a product which uses quotes from competing UK insurers.

Kathryn Kitson, Head of Savings Operations and Distribution at Nottingham Building Society, says: "Our purpose has always been to make homeownership as easy and achievable a process for the UK public as possible. This collaboration with Uinsure enables us to offer potential homeowners and existing members the peace of mind that their property is protected against unexpected losses or damage.

“By leveraging cutting-edge technology, we've simplified the insurance process during a time where expenses continue to rise and the cost-of-living crisis remains front of mind.”

Uinsure provide comprehensive home insurance policies that includes up to £1m of buildings protection, £75K or £100K contents cover and accidental breakage of technology equipment; landlords can also benefit by insuring rental properties.

Martin Schulthiess, Uinsure Group Managing Director, adds: “Our mission is to remove the complexities from insurance by leveraging technology and data to make insurance quotes more convenient and accessible nationwide. The team have worked tirelessly to expand our partner network, which is an essential in allowing us to achieve our goals, this partnership underlines the trust leading building societies have place in us to deliver excellent insurance experience for their Members.”