Iress has added Scottish Widows’ new income protection (IP) product to its intermediary platform.

The new product is in addition to Scottish Widows’ existing term, multi-benefit and mortgage protection products already on The Exchange, Iress’s quote and apply platform for intermediaries.

Iress is a technology company providing software to the financial services industry and offers software and services for trading and market data, financial advice, investment management, superannuation, as well as life and pensions.

Global head of product for sourcing at Iress, Jacqui Durbin, said: “As longstanding partners of Scottish Widows, we’re delighted to support its launch into the Income Protection space through our extensive distribution network on The Exchange. It also supports our commitment to offering the broadest range of products to brokers and advisers.”

Scottish Widows protection director, Rose St Louis, added: “Our goal is to help people to be better prepared financially if they were not able to work.

“Our new IP product is the next step on our mission to help people build their financial resilience and make it easier for advisers to serve more of their customers’ needs with a streamlined process and slicker experience through tech partners like Iress.”

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