13.9 C
Manchester
Wednesday, October 1, 2025
GrowthUinsure announces strong results with 33.5% growth in Q1

Uinsure announces strong results with 33.5% growth in Q1

Insurtech firm, Uinsure, has announced strong initial results in the first phase of 2021, with 33.5% sales growth in the opening quarter.
The results are the latest piece of good news for the B2B insurtech firm, which was, this weekend, announced as one of the businesses on the Sunday Times BDO Profit Track 100 league table, which ranks Britain’s 100 private companies with the fastest-growing profits over their latest three years.
The strong financial performance comes directly as a result of innovative work by the company to reshape how advisers offer insurance to customers in the homebuying process.
What has traditionally been a lengthy insurance process, which included numerous, detailed questions and could take anything from 20- 30 minutes to complete, has been whittled down to three questions to get a quote in 20 seconds and apply via a new Adviser Platform in under a minute.
The launch of the platform, coupled with the mortgage market stimulation driven by the stamp-duty holiday, has allowed the Manchester-based firm to go from strength to strength despite the challenges Covid has put on virtually every sector.
Uinsure’s Chief Commercial Officer, Martin Schultheiss, commented: “The strong start we’ve been able to enjoy in 2021 is a direct result of the innovation and creativity shown by the Uinsure team to completely remove the complexity behind offering insurance.
“Our strong start is also as a result of the incredible relationships we hold with our key partners and advisers, who have been able to turn around such a high volume of mortgages to meet current demand.
“We’ve also welcomed new advisory firms as a result of our new technology and, as with all of our existing relationships we will continually take their feedback on board to ultimately make our product offering, and platform, better.
“Hopefully, as lockdown eases through 2021, our tech can help customers and advisers get back to enjoying some of the better things in life.”

Latest

Why consumer lending needs more transparency

Transparency in consumer lending is an ethical requirement and a clear business advantage. When lenders offer clear and simple terms, visible fees, and straightforward...

How to plan material needs for large-scale landscaping or civil works

Planning a big landscaping or civil project requires careful execution at every stage of the process. There are lots of decisions to make and...

Signature Clinic’s Dr Carlo Debbas advises patients on safer, more comfortable recovery with local anaesthesia

Consultant Plastic Surgeon Dr Carlo Debbas has shared professional guidance to help cosmetic surgery patients recover with greater comfort and reduced risk. With extensive...

GENOMIRATHEON™ DNA protocol launches lithium and rare earth pilots with molecular audit trails

Today Neon Parody Labs revealed the international launch of GENOMIRATHEON™, a validator-licensed DNA protocol that redefines live gene expression as intellectual property. Embedding scarcity...
Subscribe to our newsletter
Business Manchester will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Don't miss

Unique Stays Introduced at Cumberland Bird of Prey Centre Near Lake District

Sleep beside owls at the Cumberland Bird of Prey Centre, a short distance from the Lake District. Visitors to Cumbria can now enjoy a distinctive...

GENOMIRATHEON™ DNA protocol launches lithium and rare earth pilots with molecular audit trails

Today Neon Parody Labs revealed the international launch of GENOMIRATHEON™, a validator-licensed DNA protocol that redefines live gene expression as intellectual property. Embedding scarcity...

Why consumer lending needs more transparency

Transparency in consumer lending is an ethical requirement and a clear business advantage. When lenders offer clear and simple terms, visible fees, and straightforward...

TAB Surpasses Half a Billion in Loan Redemptions

TAB, the specialist real estate finance and investment company, has announced that it has surpassed £500 million in loan redemptions since its launch in...

More News

North West sees marked improvement in skills, according to PwC

Preston is the highest ranking city in the North West, when it comes to the public's assessment of 12 economic measures. The annual Demos-PwC Good...

Why consider a dental implant in Turkey?

Tooth loss is not only an aesthetic concern but can also have a significant impact on overall health and confidence. In Turkey, DentPrime clinic has...

How Brands are Capitalising on a Booming Horse Racing Industry

Horse racing is big business in the UK. In terms of physical attendance, the industry draws millions of enthusiastic fans to race tracks and...