Protection Guru secured two awards at the Europe Fintech Awards, one for best Insurtech company of the year and one for Trainee of the year.
At the awards ceremony hosted in London’s Hurlingham Club last Thursday, Protection Guru beat four finalists in the InsureTech category.
The win recognises the Protection Guru’s contribution to the industry and protecting consumers, by creating the most granular analysis of life insurance products available to advisers to allow better decision-making, based on quality and price.
This means advisers can act in line with the FCAs new Consumer Duty requirements under which an adviser must provide an analysis of value in all life insurance recommendations from 31st July 2023.
Ian Mckenna, founder of Protection Guru, said: “It is a tremendous honour to win a European Award as Best InsurTech and is a testament to the hard work and dedication of the whole Protection Guru team. I am also delighted for Jessie in winning the best trainee award.
“Our system means advisers can put together recommendation to the new significantly higher FCA standard in minutes rather than have to add on hours of extra manual product research.
“This is already leading to demonstrably better consumer outcome.”
