Intermediary support services and software provider Simplybiz has rolled out an online protection hub for its members.
It has been designed to draw together compliance, training, outsourcing and research support as well as access to SimplyProtect, an “exclusive panel” of leading protection providers offering enhanced terms and support to Simplybiz users, the firm said.
The driver behind setting up the hub was a rise in engagement with the protection sector over the past year, likely caused by the impact of covid.
The services provider said that, over the past 12 months, more than 3,400 of its members attended events focused on protection issues, with many turning to its compliance and support documents.
Added efficiencies
Martin Reynolds, chief executive of SimplyBiz Mortgages, said: “Advisers and brokers have long understood that protection is the cornerstone of robust financial planning.
“Whilst the protection gap is still of great concern, it’s been heartening to see growing interest, from both intermediaries and clients, in ensuring that cover to protect the interests of families, individuals and businesses in the long-term is in place.
“The breadth of events we offer, and the supporting educational material available through the hub, supports members in their development and ensures that they are up to speed with the latest news and products from across the industry.
“The most important element of the advice process is time spent with the client, exploring and establishing their objectives and needs; the hub was designed to provide access to all the key material an intermediary might need in one place, adding efficiencies and giving them back valuable time.”