Acre has seen its platform usage double in the past 12 months, setting it on course to complete over £20bn in mortgages in one year.
According to new results data, Acre has also seen the number of mortgage cases with at least one protection product attached double over the course of a year.
This growth in protection penetration is driven by a combination of economic tremors rocking consumer confidence and firms stepping up their Consumer Duty responsibilities.
Acre said that it expects these factors to continue to drive more brokers to protect clients and their families from unexpected risk in the coming months.
The intermediaries platform is also on track to exceed its own target of 5% of new mortgages written using the platform this year.
Firms and networks choosing Acre this year include Paradigm, MMD, The Right Mortgage, Brilliant Solutions, Koodoo, Better.co.uk (Trussle) and Acumen.
Justus Brown, CEO and founder of Acre, said; “The last 12 months have been defining for Acre.
“The team’s hard work in delivering an impactful technology platform that improves brokers ways of working and adds value to the service they offer homeowners and their families is receiving broad recognition from brokers, mortgage network and clubs, lenders and the broader fintech ecosystem.
“In the toughest of times when interest rates were rising and products were being pulled, Acre’s brokers were able to use our platform to work smarter in order to secure clients the best mortgage and protection deals for them within a few clicks.”
Nicola Ventrella, operations director at The Right Mortgage, added: “Making the move to a new CRM system is never easy.
“However, we saw how Acre’s capabilities were rooted in a refreshing, tech-driven approach that would future-proof our business.
“It delivers a valuable time-saving and supports the delivery of positive consumer outcomes for our advisory firm members which is why Acre is now our key software, providing our advisers with one place to manage the entire mortgage journey from start to finish.”
