This yr marks the fourth yr of The British Wills and Probate Awards, and we’ve already seen numerous entries coming by way of, demonstrating the achievements made by these within the sector.
The occasion is ready to run on Thursday 21st October 2021 and will likely be hosted by the fabulous Jennie Bond, returning for her fourth yr.
This yr we’re delighted to welcome Exizent as our Champagne Reception sponsor.
At present’s Will & Probate spoke to Nick Cousins, CEO of Exizent about their involvement in this yr’s awards.
Exizent is offering the trade platform for professionals concerned with managing bereavement, digitizing the probate course of.
A ‘tech for good’ enterprise, Exizent was based on the will to help folks on the most troublesome time of their lives. To assist when somebody passes away, Exizent is working to attach the info and companies utilized by authorized companies corporations, banks and monetary establishments, and executors to cut back the executive burden on these grieving. Exizent reduces uncertainty, will increase velocity and makes the method extra easy for everybody concerned.
Exizent is making it simpler for authorized companies to allow them to get again to what’s vital – utilizing their specialist information and expertise to assist their purchasers.
Nick Cousins, CEO of Exizent, stated:
“Leaving monetary companies, I used to be decided to create a enterprise that would have a significant affect on the lives of the UK inhabitants. Having skilled a number of bereavements myself and watched shut buddies wrestle too, it turned clear to me simply how prolonged, repetitive and overly difficult the probate course of might be. It’s made much more difficult by the emotional turmoil and grief of the loss itself. It struck me that, in distinction to most of the processes and companies we have interaction with at this time, little had been completed to try to rework an expertise we’re requested to undergo on the most troublesome time in our lives.
“I turned satisfied that on this period of digitized companies, and extra clear and open entry to knowledge, there should be a strategy to make the method of administering somebody’s property extra environment friendly, easy and safe, and finally much less traumatic for the bereaved.
“The present system isn’t match for objective and I imagine expertise, rigorously designed to unravel issues confronted by those that use it, is the answer. By adapting, increasing and growing present, confirmed applied sciences and making the info and knowledge wanted extra simply accessible, there’s monumental potential to unravel important points and make peoples’ lives higher.
“Our analysis exhibits that the issues across the present probate course of are felt by the trade too, and the demand for innovation is evident. But most professionals don’t use devoted software program to deal with their probate instances, which means most of the key steps within the administration of a bereavement stay guide and paper-based.
“With our monetary lives more and more fragmented, this process is getting much more onerous, and lockdown has additional exacerbated these points, in accordance with 73% of corporations surveyed in our Probate Prospects report.
“Probate is labour intensive, and our analysis exhibits that simply 7% of authorized professionals really feel it’s as environment friendly because it might be. Additional, solely one-in-three suppose the time it takes to organize grant of probate is ‘affordable’. Administration duties and awaiting responses from establishments are the principle causes of delay. With the precise expertise in place, authorized professionals can lower down the time and price concerned with managing probate instances exponentially.
“That is why Exizent is leveraging expertise to create the primary ever platform that connects knowledge, companies and the community of individuals concerned when somebody passes away. We’re dedicated to enhancing the bereavement course of, and our mission is to cut back probate uncertainty, inefficiency, and complexity, creating a greater expertise for everybody concerned, significantly those that have misplaced somebody.
Final yr we raised £3.6million in funding and focussed on placing collectively a extremely expert staff to develop the primary launch of the platform. Now in 2021, we’re utilizing that basis to additional our objective of changing into a basic a part of the bereavement ecosystem, delivering advantages to all of the totally different teams concerned.”
Get entangled with the British Wills and Probate Awards 2020.
There’s nonetheless time to submit your entries for the British Wills and Probate Awards.
Don’t neglect we’ve received some thrilling new classes so we will proceed to recognise and acknowledge the have fun the sector. The brand new classes are:
- Will Writing Sole Practitioner of the 12 months
- Most Reward Charity Initiative
- Chambers of the 12 months
- Funeral Plan Supplier of the 12 months
- IT Workforce of the 12 months
- The At present’s Wills & Probate Business Champion.
Be a part of the Dialog #BWAPAwards2021