The world’s first mobile under-insurance calculator has been developed by LMI Group for the benefit of insurance professionals. The first of a suite of mobile insurance tools, which includes other calculators, research tools, training materials and other add-ons, was released for download today.
"We saw an obvious need to provide a simple to use calculator to assist insurance advisers explain the risk that business owners take, even on a partial loss, when they under-insure. The calculator, which can be adjusted to show actual estimates, clearly demonstrates this to the Insured. Early trial versions in use by selected insurance brokers has resulted in very positive feedback", said LMI Group’s CEO, Dr Allan Manning, today at the offical launch.
To download the free application from iTunes, click here.
Blackberry and other phone versions are soon to be released.