News

New aggregator app aims to cut broker admin costs

By 2020-07-20T07:55:00

New Biba app

YourBlock will allow consumers to access all their different financial products from one platform, without the need for all their personal information to be shared with the insurer

A new aggregator is looking to disrupt the personal lines insurance distribution market by offering a new service that gives users more control over their personal data and reduces broker and insurer involvement in policy administration.

YourBlock allows consumers to store information related to their insurance policies and other financial instruments, such as utilities and bank accounts, all in one place, with only relevant information shared with insurers and brokers to facilitate quotes.

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