Martin Werth, the CEO of UK protection technology business, UnderwriteMe, has said he expects AIG Life to be live on UnderwriteMe’s comparison service platform in Q2 2016.

AIG Life recently confirmed it will join the UnderwriteMe comparison service in 2016. The UnderwriteMe comparison service allows intermediaries to compare buy now and estimated prices and complete applications using one process without leaving the UnderwriteMe site.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

A pilot of the service started in August 2015 and UnderwriteMe is due to be on general release to directly authorised intermediaries in Q1 2016.

‘Others in the wings’

Speaking to Life Insurance International (LII), Werth said there a number of other UK life insurers "in the wings", in addition to AIG Life, for the platform, which he could not disclose further at this stage.

Outside of the UK, Werth said UnderwriteMe is looking at Asia and Australia. He said: "Our focus in foreign markets is licensing the underwriting rule software."

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Commenting on AIG Life joining UnderwriteMe, Peter Thomas, operations director at AIG Life, said: "At AIG Life we pride ourselves on being in tune with what intermediaries need and expect from a provider. We recognise that UnderwriteMe represents a new way of working, which many intermediaries are keen to embrace, and we’re excited to be working with them."

AIG Life joins LV=, Royal London, Old Mutual Wealth. Partnership, The Exeter, Scottish Friendly and Canada Life in partnering with UnderwriteMe to date.