Paymentshield launches referral on Smartr365

Following the announcement of the partnership between mortgage and protection platform Smartr365 and General Insurance provider Paymentshield back in March, advisers with access to the platform will now see even more benefit from this integration.

Since the launch, further development means advisers using Smartr365 now have full access to Paymentshield’s Refer & Protect service, which empowers advisers to easily offer insurance to every client. If advisers are struggling to find the time for GI but still want to ensure their clients receive quality insurance protection. They can seamlessly refer their clients to a team of Paymentshield’s in-house insurance specialists to receive advice on a chosen date and time, or provide an instant automated quote to clients by email or text. 

Indeed, the partnership seamlessly embeds GI into the mortgage and protection journey to create a frictionless experience for advisers giving advisers the choice either to source a Paymentshield policy themselves or refer their clients to Paymentshield’s referral team to manage the GI sale, whilst remaining in the Smartr365 platform and without the need to rekey information.

In addition, advisers will now see a choice of GI quotes within the platform. Previously, advisers may have had to choose to integrate with a particular provider and just see a single price returned via their integration. 

This enhancement means advisers using Smartr365 can compare prices side by side, making it much easier for advisers to compare policies and prices for their customers to give them a good outcome.

Conor Murphy, Founder and CEO of Smartr365, explains, “We’re proud to be the first platform in the market to offer Paymentshield’s new Refer & Protect proposition. It’s another example of Smartr365 delivering real innovation for brokers, making it easier to offer GI in a way that suits their business model. Crucially, this means our distribution partners can now access the full flexibility of quoting or referring, across both major providers, within one connected journey.”

Since launch, the integration is already enabling advisers to better serve their clients with Smartr365 and Paymentshield being trusted by many of the leading mortgage and insurance networks and clubs, including The Openwork Partnership, Just Mortgages Direct, Sesame Bankhall Group, and Legal & General.   

Commenting on the benefits of the integration, Paymentshield’s Distribution Director Emma Green says, “Getting timely access to quality advice about protecting your biggest asset, the home, has always, and will always, be important. However, we recognise many advisers don’t have the time or confidence to offer general insurance and are looking for a simple referral solution that gives their clients the level of service they deserve at the right time for them.

“This integration is a step further in enabling advisers to provide or facilitate invaluable advice directly from their chosen CRM platform, Smartr365. We’re delighted to be able to enhance our overall GI offering to enable more customers to access advice when it comes to home insurance, so we can help get closer to ensuring every home is protected.”