Qdos Underwriting. Overview Presentation.

Transcription

1 Qdos Underwriting Overview Presentation

2 Qdos history About the Qdos Qdos Group structure Qdos Group companies Board of directors Qdos financials About Qdos Underwriting QUBE Legal expenses insurances Motor add-on insurances Household add-on insurances Niche business insurances Bespoke product development Claims handling services Legal services Pricing philosophy Qdos Underwriting USPs Start selling the next steps Contact us On the agenda

3 About Qdos Qdos was established in 1988 as VAT consultancy, and it s fair to say we ve come a long way since! The Qdos Group is now an international insurance operation that consists of seven distinct brands, all interlinked to provide a unique under one roof strength that sets us apart from our competitors. We have a heavy focus on the use of cutting edge technology for the provision of insurance and operate in many niche and specialist markets Our head office is based in Leicestershire where we employ over 100 staff, we are a FCA registered principle, and in 2014 turned over 21,965 million in gross written premium. Having gone under the radar for a few years we are now in a sustained period of high growth and are reinvesting profits to grow even further and let the market know who we are. The vast majority of directors and staff at Qdos are young, dynamic and have been with Qdos for many years. Many of the current board have progressed from entry level positions having joined Qdos nearly a decade ago.

4 Qdos group structure Qdos Holdings Qdos Legal Qdos Consulting Qdos Broker & Underwriting Services t/a Qdos Underwriting Qdos Broker & Underwriting Services t/a Qdos Contractor Qdos Vantage Qdos Global Qdos Accounting

5 Qdos group companies Seven trading companies providing an under one roof strength Qdos Underwriting - FCA principle providing insurances to partners on a fully white labelled wholesale basis, including FNOL and claims payments Qdos Contractor - Provides direct insurance, specialising in contractor insurance (PI, EL & PL) as well as tax and IR35 contract advice Qdos Consulting - Fulfilment arm providing: Employment law, HR, HS, tax, VAT and general legal telephone advice line provision Qdos Legal - Solicitors practice (under ABS ownership) Qdos Accounting - The UK s only integrated group of accountancy, tax, insurance, legal, IR35 assessment & defence services to contractors Qdos Vantage Specialist provider of Tax Fee Protection insurance Qdos Global International insurance arm replicating existing products into new territories

6 Board of directors Alf Gordon Co-Chairman - Qdos Group Steve Greenwell Co-Chairman - Qdos Group Brendan Dawson Managing Director - Qdos Underwriting Managing Director - Qdos Vantage Managing Director - Qdos Global Jeremy Butler Director - Qdos Legal Sam Cox Claims & Underwriting Director - Qdos Underwriting Jayne Eggington Director - Qdos Legal Shaun Greenwell Marketing Director - Qdos Group Ashley Horton Finance Director - Qdos Group Haydn Marchant International Development Director - Qdos Global Seb Maley Operations Director - Qdos Contractor Samantha Page Marketing Director - Qdos Group Toni Robinson Director of HR & HS Services Qdos Consulting Pete Willcocks Sales Director - Qdos Underwriting IT Director - Qdos Group Julian Stringer Non-Exec Director - Qdos Consulting Non-Exec Director - Qdos Legal TBC Sales Director - Qdos Vantage

7 Qdos financials

8 About Qdos Underwriting A specialist wholesale insurance broker providing: Legal expenses insurances Household add-on insurances Motor add-on insurances Niche business insurances Bespoke underwriting scheme solutions Claims handling services Free broker platform offering over 90% of our products Free white labelled fully transactional website

9 About Qdos Underwriting A specialist wholesale insurance broker providing: Legal expenses insurances Household add-on insurances Motor add-on insurances Niche business insurances Bespoke underwriting scheme solutions Claims handling services Free broker platform offering over 90% of our products Free white labelled fully transactional website

10 QUBE QUBE Our brand new cloud-based broker platform Brokers using QUBE benefit from: Full-cycle system gives brokers the ability to quote and bind multiple products The full Qdos product portfolio of over 60 products are instantly available It being completely free A flexible approach in allowing the broker to set commissions and admin fees Monthly and annual payment options The option to white label the system and brand policy documentation The facilitation of wide acceptance criteria via minimal data capture An instant referral process that gives direct access to decision-makers An intelligent and proactive diary system for client, management, renewals and document retrieval No minimum volume requirements Real time accounting, sales and management information

11 Legal expenses insurances Commercial legal expenses Commercial property owners legal expenses Cyber legal expenses Cycle legal expenses Employment ET3 cover Holiday home legal expenses Home buyers protection Identity theft insurance Landlords legal expenses Landlords rent guarantee Motor legal expenses Personal legal expenses Tax fee protection Taxi legal expenses

12 Motor add-on insurances Accidental death & PA (motor) Alloy wheel cover Breakdown & recovery Business car hire excess Caravan & motorhome excess Commercial motor excess Driving instructor excess Fleet excess Gadget cover (in vehicle) Handbag cover (motor) Helmet & leathers Key cover (motor) Minibus excess Misfuelling cover MOT failure cover Motor GAP (finance) Motor GAP (purchase price protection) Motor GAP (valuation) Motor traders excess Motorcycle excess Private motor excess Scratches & dents Substitute vehicle Suit & laptop Taxi excess Tools in transit Tyre cover Uninsured third party protection Windscreen & glass

13 Household add-on insurances Accidental death & personal accident (household) Brown & white goods Buildings & contents excess Gadget cover (all risks) Handbag cover (all risks) Home emergency Key cover (household) Landlords home emergency Lifestyle excess Mobile phone cover

14 Niche business insurances Accident & sickness Commercial combined excess Cyber liability Gadget (commercial) cover Professional indemnity Travel insurance

15 Bespoke product development Customised to your requirements Relationships with flexible insurers Arrangement or placement of almost any type of insurance product Tailored products to meet broker requirements Products may be white labelled Complementary services such as advice lines and online resources Flexible administration Delegated authority schemes or referral-only arrangements Claims handled in-house, from FNOL to settlement Broker can have a degree of involvement in the claims handling process if required

16 Claims handling services Customised to your requirements In-house claims management Service tailored to your needs can be provided on a white label basis Qdos manage own claims and insurer-outsourced claims handling Real time management information Bespoke claims management system built in-house allows custom reports in real time Quality service Having dealt with these insurances for many years and invested heavily in both our staff and systems we offer an unrivalled service

17 Legal services Services: Full ABS status granted, allowing a range of services to be offered, including: Right of audience, conduct of litigation and tribunals Flexibility: In-house claims management from FNOL to settlement Full or modular options to integrate into existing structure White labelling option for all modules Experience: Handle insurances for some of the biggest insurers in the UK Complementing current offering: Under one roof strength increases claims performance though the uninterrupted flow of information through advice lines, claims and representation

18 Pricing philosophy Prices supplied on a net rated basis to the broker Flexible and often unlimited commissions Sales can be completed via: QUBE our own broker platform, available for free Traditional delegated authority basis Standalone referrals Qdos managed white labelled website Monthly declarations Flexible payment of premiums of up to 60 days (30 days as standard)

19 Qdos Underwriting USPs Why buy from Qdos Underwriting? - Our Unique Selling Points (USPs) One of the largest portfolios of specialist insurance products available from a single UK provider Ability to bespoke, tailor and customise products Over 90% of products underwritten by strong rated, UK-based insurers Direct access to individual decision makers Senior staff include Chartered Insurance Brokers Under one roof strength, almost unique the marketplace

20 Start selling the next steps How do I start to sell Qdos products? Selling our products could not be more simple, all we need completing and returning to us are: Agency Application TOBA (Terms of Business Agreement) The above two documents are available online from: Once we receive these back and confirm that your agency has been successful, we will arrange for one of our regional Business Development Managers to come and visit you to get you set up with QUBE, our state of the art broker platform, and best of all it s free!

21 Contact us Please feel free to ask Contact Details Website: Telephone: Twitter: