Media Release - ALI Group makes loan protection easier for Connective mortgage brokers
22 September 2015 – Leading loan protection specialist, ALI Group, has partnered with Connective to integrate their online application process with Connective’s award winning platform, Mercury 5.
In a move which further underpins ALI Group’s commitment to the mortgage broking industry, this integration will allow Connective brokers to confidently protect their clients without leaving Mercury. Brokers can now launch a pre-populated loan protection application directly from Mercury 5, eliminating the need to enter client details, obtain signatures or send any paperwork to ALI Group.
ALI Group’s Chief Executive Officer, Huy Truong, is excited by the latest technological development with Connective. He said, “Connective is highly regarded by the industry for the quality of its digital marketing and technology platform. We are excited to have loan protection integrated into this platform as it’s all about making it a seamless and easy part of the loan process.”
“ALI Group was founded for brokers and our vision has always been for all brokers to seamlessly offer loan protection as a matter of course – particularly in a responsible lending environment. Integration with Mercury 5 is a significant step towards achieving that and reflects the increasing belief within the mortgage industry that loan protection is an important part of the broker’s service to their clients.” He added.
“We encourage all Connective brokers to have the vital conversation around loan protection with their clients, and this integration is the perfect vehicle to facilitate that. Our brokers can now easily embed loan protection into their standard sales process. This is also a great opportunity for them to provide a more comprehensive service and greater value-add to their clients, which in turn creates stickier, more loyal clients. ” said Glenn Lees, Chief Executive Officer of Connective.
A select number of Connective brokers have been piloting the integration since May 2015, among them Jacqueline Jones from Western Australia, “ALI’s loan protection via Mercury 5 has been of great benefit to me. I don’t need to remember any passwords and all the clients’ information is populated. I now never forget to do a quote for my clients.” Jacqueline said.
This is a sentiment reflected amongst the pilot group with all participating brokers indicating they would recommend the integration to other brokers, citing ease of use as the core reason.
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About ALI Group
ALI Group is the market leader in providing loan and mortgage protection products to the mortgage broking industry with over 3,000 brokers authorised to offer our products.
We support the mortgage industry by reducing the risk of borrowing for Australian home and property buyers in the event of serious illness, injury or death.
Our mission is to ensure all borrowers are protected. Since 2003, we have protected over 137,000 Australians with over $36 billion in cover.
Founded in 2003, Connective is Australia’s most innovative mortgage aggregator.
Partnering with brokers in open and transparent relationships, Connective revolutionised the industry with a flat fee based model, and their leading technology platform, Mercury.
The group now has over 2,600 member brokers, average monthly settlements over $3 billion and a total loan book in excess of $70 billion.
For more information
Marketing Communications Manager
02 8224 2557