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SimplyBiz ties up with Capita protection portal

SimplyBiz has struck a deal for Capita Financial Software to provide free protection quotes through a white-labelled version of its quotation and application portal Webline.

Previously, SimplyBiz used 1st-The Exchange as its provider of protection quotes but over the next four to six months Webline will now become the exclusive provider of the service offered to members.

The Webline system went live for SimplyBiz members this week. A deal between the firms was struck in January for CFS to offer members free product and fund research but the protection portal remained provided by 1st-The Exchange.

SimplyBiz previously offered members access to Defaqto’s Aequos system.

The cost of the overall deal between the two firms was not disclosed but is described as a six-figure sum.

SimplyBiz managing director Matt Timmins (pictured) says: “This is part of a significant investment by SimplyBiz to provide high quality complimentary software to our members.”

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