Molo launches tech-led mortgage and insurance solution

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The cross-collaboration gives Molo customers access to Uinsure’s ‘tech-savvy’ platform, which aims to streamline the insurance process and make taking out home insurance more hassle-free for customers.

But Molo explained brokers would also benefit from the partnership because it enabled them to offer clients insurance at a more relevant stage in the mortgage journey.

Molo Finance, a fully-digital lender, underwrites all mortgages online and using technology to make quick and real-time lending decisions.

It removes many of the roadblocks associated with getting a mortgage, providing customers and brokers with a seamless and entirely digital approach.

It explained the deal with Uinsure was first collaboration of its kind and a great opportunity for both platforms to expand their reach while providing customers and partners with intuitive and clear processes in the world of buy-to-let mortgages and insurance.

Francesca Carlesi, Molo CEO, said: “This is a fantastic opportunity for two tech-led brands who are innovating their respective industries to come together.

“As a result, our landlords can transition smoothly from receiving their mortgage to using Uinsure to get cover for their investment.

“Insurance cover is a key requirement in the process of purchasing a buy-to-let property, and this partnership with Uinsure is a natural fit that will help in our efforts to make the buy-to-let experience more fluid.

Martin Schultheiss, chief commercial officer at Uinsure, said: “Insurance is a critical part of the buying process and, by integrating our technologies, Molo customers can now benefit from a smoother and more joined-up offering, which is not only extremely quick and simple, but also offers five-star cover and competitive pricing to both new and existing customers.

“As the UK’s first fully-digital lender, Molo is an exciting partner for us at Uinsure and we’re very much looking forward to working with their team as they innovate the sector”.