Uinsure announces latest partnership with OpenMoney
14 October 2019
Uinsure, the multi award-winning InsurTech firm, has today announced its latest ground-breaking partnership with OpenMoney, the financial advice platform and winner of Best Newcomer at the British Bank Awards 2019.
This latest integration will see Uinsure become OpenMoney’s exclusive general insurance provider, with users automatically and seamlessly provided with a general insurance (GI) quote via Uinsure’s zero API. Quotes for Uinsure’s 5 Star Defaqto and MoneyFacts rated home insurance will be generated for every mortgage interaction, with OpenMoney advisers benefitting from Uinsure’s revolutionary quotation functionality which only requires 2 pieces of key information - date of birth and address - to generate an instant binding Buy It Now quote.
OpenMoney have outlined their clear proposition to provide helpful financial advice, tools and information to help everyone make the most of their money. They have recently announced their intention to move into the mortgage advice market and become a one-stop shop for people’s financial affairs. This partnership will address a gap in the mortgage and insurance service to align at the point it is most needed and make the journey of buying a house as easy as possible.
This ground-breaking partnership follows a series of pioneering developments for Uinsure, who recently announced an exclusive agreement with Mojo Mortgages, entered a single tie partnership with Twenty7Tec and launched a innovative tie-up with Mortgage Advice Bureau, the intermediary focused technology provider, revolutionising the GI quotation process and ensuring all members could achieve a 100% quote to mortgage ratio with Uinsure’s zero API.
David Smith, Chief Innovation Officer at Uinsure, commented: “We’ve been watching OpenMoney’s developments for a while now and are delighted to announce our exclusive partnership with them. OpenMoney are seeking to make mortgage advice clearer and easier and with our Zero Questions platform, GI quotes can be returned instantly making the process of generating a general insurance quote easier than ever. This is an exciting time to be partnering with OpenMoney, whose latest innovations will certainly disrupt our industry once launched. We look forward to a successful partnership and can’t wait to support OpenMoney in reaching their GI potential.”
James Brocklebank, Head of Mortgages at OpenMoney, added: “We are delighted to be partnering with Uinsure. This partnership is one of many that will allow us to manage the whole house buying process for first time buyers. We are going to make purchasing your home as seamless as possible, helping first time buyers from the day they join OpenMoney until the day they repay their mortgage! We will provide all clients with holistic advice, and this partnership with Uinsure will be central to that and is the first step in making sure they have the right protection in place.”
