Press Releases

09 May 2017

F&TRC's Adam Higgs takes an in-depth look at Synaptic Software's Cover Me Now.

If you thought that the recent launch of Cover Me Now is Synaptic's attempt to enter the ring with UnderwriteMe, iPipeline's XRAE and even DLP's QuotePlus, you might be wrong.

Whilst there are some similarities between the systems there are also some major differences in the approach they have taken.

When added together, Synaptic is taking a completely different approach to helping clients get on risk faster.

28 April 2017

LV= has signed up to Synaptic's Multi-Benefit quoting service, enabling advisers to compare its multi-benefit and single benefit products and share the most suitable protection product with its clients.

The multi-benefit products that customers will have access to include Level Term Assurance, Decreasing Term Assurance, Income Protection and Waiver of Premium.

05 April 2017

The Right Mortgage & Protection Network members are now able to access Cover Me Now, a new life insurance comparison system.

Cover Me Now, developed by Synaptic Software and backed by Covéa Life, speeds up the process of comparing and purchasing protection products.

Cover Me Now works by asking applicants 14 yes/no medical questions.

If customers can answer ‘no’ to all of them, they will be given a guaranteed term assurance quote, removing the need for applications to go through insurance providers’ existing underwriting processes.

23 March 2017

Synaptic Software has launched its faster life assurance quotation and transaction service called Cover Me Now. The service went live on Friday 31 March with the aim of helping advisers speed up protection quotes.

The company, part of Capita, says that the Cover Me Now service is designed to provide a guaranteed insurance quote in minutes subject to a simple new ‘yes/no’ medical questionnaire.

20 March 2017

Synaptic Software is due to launch its instant quote and apply tool, Cover Me Now, at the end of March.

It asks 20 simple yes/no medical underwriting questions and, assuming a customer can answer 'no' to all of these, they can get on risk for a single life level or decreasing term assurance product within 15 minutes, with the quote returning in as little as six seconds.

17 March 2017

Synaptic Software is due to launch its instant quote and apply tool, Cover Me Now, at the end of March.

09 March 2017

Synaptic Software has reported a significant increase in protection requests from advisers on its Webline quote portal during January and February compared to the same period last year.

08 March 2017

Synaptic Software has developed an instant quote tool for the insurance market, to enable advisers and their clients to get a quote within minutes.

Adam Byford, managing director of Synaptic Software, said the Cover Me Now tool had been designed to take the time and expense out of chasing providers for insurance quotes.

Citing the speed at which technological change is driving the financial services market, Mr Byford said the Cover Me Now tool aims to make the quote generation process "as slick as possible" for intermediaries and their clients.

26 March 2014

Synaptic Software has launched its new Illustrator tool via Synaptic, to enable advisers to easily compare retirement and investment switching options for clients.

13 November 2013

Synaptic Software has launched an Auto Enrolment tool for advisers through its Synaptic research system. Advisers can now log into a new dedicated Auto Enrolment pensions area of the Synaptic research tool, giving them the ability to compare schemes across the market.

Advisers are able to research pension schemes from established companies as well as Auto Enrolment specialists including NEST, NOW Pensions, Scottish Life, Standard Life, and Legal & General. Additional schemes will be added to Synaptic in the future.

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