Partnership Assurance chooses webline to deliver its enhanced annuity product

Capita Financial Software’s Webline portal has been chosen by Partnership Assurance to provide quotation facilities to Advisers on its enhanced annuity product. The total number of annuity providers available through the portal is now 10. Partnership Assurance offers annuities for people with ill health and caters for clients with a wide variety of conditions, from relatively minor such as hypertension, to more serious such as heart failure, stroke, diabetes, kidney failure and cancer.

Capita Financial Software’s Webline portal has been chosen by Partnership Assurance to provide quotation facilities to Advisers on its enhanced annuity product. The total number of annuity providers available through the portal is now 10. Partnership Assurance offers annuities for people with ill health and caters for clients with a wide variety of conditions, from relatively minor such as hypertension, to more serious such as heart failure, stroke, diabetes, kidney failure and cancer.

The Webline software allows advisers to request quotes on behalf of clients across a whole range of annuity products as well as providing links to product providers’ extranets. Capita Financial Software does not charge additional subscription fees for accessing the Webline annuity service.

Commenting on the deal, Matt Humphrey, managing director at Capita Financial Software said: "We are delighted that Partnership Assurance has chosen the Webline annuity tool for show casing its annuity products."

The addition of Partnership Assurance to the Webline portal offers a wealth of different financial solutions to advisers. Clients with health conditions require specialist advice that reflects their own individual personal circumstances and needs. The Webline portal allows adviser firms to quote on many different scenarios at one time by specifying widow’s benefit, escalation and guaranteed period up front. The system requests multiple quotes and displays the results, on one interactive screen, making the advice process easier and saving hours in administration.

Commenting on the deal, Philip Brown Partnership Assurance. "I am delighted to announce that from the 4th February you will be able to source quotations for our enhanced annuity products through the Webline annuity tool.  It is estimated that 40% of people approaching retirement could qualify for an enhanced annuity therefore by embracing efficient technology such as Webline we are making it easier for advisers and clients to access our products.  We are excited about this development and look forward to seeing increased quote and business activity."