We’re excited to announce a new partnership with Alula Technologies.

Alula Technologies is a UK-based insurance and healthcare specialist that helps organisations to better understand risk and improve customer experience, while operating efficiently using the latest technology.

Its low-code underwriting platform will help us to adapt to changing market conditions and member needs quickly and easily. Enhancing and future-proofing the way we underwrite will allow us to reach a wider audience and provide cover to more people.

In the future, we plan to integrate more of the platform’s pre-configured capabilities, including AI decisioning and document fraud analysis. We also hope to leverage the platform’s ability to ingest external data sources, which could increase real-time decisions and insights to improve the member experience.

Daniel Simpson, our Chief Innovation Officer, said:

“To boost uptake of income protection, it’s essential to evolve underwriting models in step with shifting market dynamics and societal needs.

“With only 14% of Brits currently covered, our research highlights the urgent need to raise awareness of the critical safety net this product offers to people when they need it the most.”