We're really proud to announce our partnership with benefits calculator provider Inbest.
Inbest is on a mission to simplify one of the biggest hurdles for benefits claimants - knowing which ones they’re entitled to.
Currently, almost 8 million households in the UK are missing out on £16bn of unclaimed benefits. Most either aren’t aware of the range of benefits they can access, or simply assume they aren’t eligible.
With the rise of financial insecurity due to the cost of living crisis, the number of vulnerable households is expected to increase drastically. It’s a sad truth that more and more people are struggling with rising costs, causing households that previously didn’t need support to tip over the edge and pushing those who already receive support deeper into financial difficulty.
In this environment, it’s essential to provide households with resources to maximise their income. Here, Inbest are paving the way. With their easy-to-use benefits calculator, anyone can see which benefits, grants and social tariffs they are entitled to. The calculator is fully integrated into the Ophelos platform, so customers can check if they can maximise their income without having to leave the journey.
We’re particularly excited about this partnership since it doesn’t only help customers to build financial resilience, but is great for our clients too. By removing friction, the built-in calculator will help to drive engagement, improve the customer experience, and supply businesses with invaluable insights.
Developing product to reduce financial vulnerability is core to both our missions at Inbest and Ophelos. We’re so excited to begin this journey together and look forward to further developments down the line!
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Ophelos 1 Finsbury Avenue London EC2M 2PF United Kingdom
OPHELOS LIMITED IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY (REF. 935242), REGISTERED AND INCORPORATED IN ENGLAND AND WALES (COMPANY NO. 12185588). OUR REGISTERED OFFICE IS: 1 FINSBURY AVENUE, LONDON, EC2M 2PF, UNITED KINGDOM