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News

MDG and Immediate Needs Annuities providers launch Common Quote Process

22/02/2021

MDG (Medicals Direct Group) is partnering with Aviva, Just, Legal & General and National Friendly to create a common quote process for the Immediate Needs Annuity market.

The new service will involve MDG gathering medical information on behalf of the four providers, saving time and removing additional pressure on care providers and GP surgeries. Advisers will benefit from dealing with one company (MDG), rather than four, streamlining the process.

As experts in the field of medical data gathering services since 1994, MDG will deliver accurate medical data to providers to underwrite their quotes and will be perfectly positioned to partner with the providers to build a successful, stable and customer focused service.

Suzanne Wilkinson, Account Director at MDG said: “We are thrilled to be able to provide this new, exciting service and work closely with our partners at Aviva, Just, Legal & General and National Friendly.”

Key benefits to the new process include:

National Friendly is a trading name of National Deposit Friendly Society Limited. Registered office: 11-12 Queen Square, Bristol BS1 4NT. Registered in England and Wales no. 369F. National Deposit Friendly Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 110008. You can check this at: https://register.fca.org.uk. National Deposit Friendly Society Limited is covered by the Financial Services Compensation Scheme and Financial Ombudsman Service.