Information for BUSINESS INSURANCE Brokers. A Magical Online Experience Nulli Secundus

Transcription

1 BUSINESS Information for Brokers A Magical Online Experience Nulli Secundus

2 BUSINESS FREE Online Multiquote & Buy Grow your business online With the massive rise in smart phones and tablets, the next generation of business men and women are going to expect services that they can access quickly online including commercial insurance. Are you ready? Like it or not, internet online quote and buy insurance is coming to every country that has a buoyant commercial insurance sector and for those brokers and insurers not prepared, their chances of survival are slim. Give your clients 247 quote & buy insurance services via their mobiles, tablets and computer. Business Insurance 247 has developed its own online Multiquote & Buy system, offering a range of quotes from multiple leading insurers for various types of commercial insurance. How to obtain your free system You provide us with your details, we will then set up a mock quote system for you to approve. This would be whitelabelled and based on your logo and colour scheme. Naturally all clients using the system belong to your business and you have your own back offi ce system to monitor sales and activity. Once you have approved and agreed a TOBA, our Multiquote & Buy system are already supplied with a range of commercial insurance products, which can go live via your website. You will be able to sell 24/7 and 365 days a year. We can liaise direct with your web developers if required. White-labelled Multiquote & Buy We collect all the money for the policies bought online, through a highly secure online payment system. All clients belong to you and all enquiries via the free online multiquote and buy system where it cannot be quoted online, are referred directly to you. Where policies are bought online, all policy documents are sent directly by to you and the client (which they have to confi rm) once payment has been received. You receive your commission cheque or credit transfer once a month and will have access to your own passwordprotected back offi ce system to monitor your sales and stats 24/7. 1 New London House, 6 London St (Nr Fenchurch St Station), London, EC3R 7AD

3 The Future for SME s is Online Saving time Small business proprietors have less and less time to deal with their insurance matters becuase of the extensive hours they work. 1/3 of all SME s who choose to purchase insurance on the internet do so out-ofhours. In the EU there are over 26 million businesses with an estimated annual insurance spend of 40bn. Beyond Europe, micro SME s account for more than 90% of businesses in all countries. Technological advancements continue to revolutionise daily lives, from shopping, through entertainment, to socialising. These changes are exponential. This generation buy online Mobile Internet access has exploded, initially through smart phones and now tablets. Reasons to trade online 91% of people on earth own or have access to a mobile phone. 56% of mobile phones are smart phones. Products already online The primary use for 50% of mobile owners is to access Residents the internet. Associations 72% Medical of tablet Malpractice owners purchase online from their tablet Charities each week. & Trustees The Event average Cover starting age of phone and tablet users is 12. They are the next generation of online buyers! Commercial Combined In 2014 there will be more mobile devices than Shops & Restaurants people on Earth. Cargo Insurance 57% of mobile/tablet users would not be interested Commercial Travel Insurance in conducting business online with a poorly designed or non Domestic mobile-compliant Insurances site. considered Sadly nearly ALL websites in the insurance industry...and many more! are not mobile compliant. With us you can be. Research confi rms that people are much more likely to pay for services and buy products on mobile applications than PC s and laptops. A traditional broker will not be the fi rst port of call for the digital generation when they run their own businesses and are looking to buy insurance. Falling premiums and rising costs are making micro SME businesses unprofi table for brokers and insurers to process traditionally. insurers enthusiasm for and understanding of e-commerce is increasing all the time, making it much easier to develop bespoke solutions required for the channel. The sweet spot for online commercial lines insurance for buyers and insurers is micro SME. These represent over 95% of all businesses in every country in the world, with huge combined insurance premium spends. There are tremendous international fi rst to market commercial lines insurance opportunities. Tel : +44 (0)

4 BUSINESS Getting Started Online What we provide We can provide a free multiquote platform for Lloyd s, regional or small brokers within hours rather than months and set up on your own white-labelled website. The platform can be B2B or B2C and comes already equipped with 20+ insurers offering multiple quotes and a very impressive SME product range. Alternatively we can build you a bespoke quote & buy insurance platform. Flexible, fi rst class system Our online Multiquote & Buy software leads the way in the UK & internationally and is extensively used by brokers, insurers and affi liate groups around the world. Products already online via our software Professional Indemnity - UK, Italy, Holland Public Liability - UK Employers Liability - UK Tradesman Covers - UK Offi ce & Contents - UK Directors & Offi cers - UK, Ireland, France Employment Practice Liability - UK Entity Cover - UK Pension Trustees Liability - UK Residents Associations - UK Medical Malpractice - UK, Italy, Ireland Charities & Trustees - UK Event Cover - UK Commercial Combined - (coming soon) Shops & Restaurants - UK Cargo Insurance - UK Commercial Travel Insurance - UK Online Health and Safety Training - UK Excess Buy Back Insurance - UK Health and Safety Insurance Packages - UK Personal Accident - UK Cyber Insurance - UK, Worldwide Boat Insurance - Denmark Car Insurance - New Zealand Home Insurance - Canada...and many more! We can adapt the platform for almost any insurer s or broker s requirements and it is ideal for schemes enabling your clients to purchase 24/7 all year round. Start your online business If you don t act now then the aggregators, single quote systems, and B2B systems will take SME business from those brokers who can t offer their own online solution. Probably the most impressive thing I have seen in Insurance in my 37 years in the industry. Call us today for your FREE demo and white-labelled mock New London House, 6 London St (Nr Fenchurch St Station), London, EC3R 7AD

5 Going Live Online Once the TOBA is signed and agreed, you need to get the system on to your website. This can be done in the following ways: 1. We liaise directly with whoever manages or hosts your website, simply notify them, provide us with their details and we will contact them and advise them how to add the system onto your website. -Or- 2. You give us your website login details, if you have them. These will usually be an FTP address (e.g. ftp.yourwebsite.com), a username and a password. The company or person who built, hosts or manages your website should be able to supply these. 3. We will then work with you to amend your website appropriately and for no charge. 4. If you don t have a website, or would like a new one, we can provide a full web design and development service at incredibly competitive rates. 5. We can also assist you in your website marketing and search engine optimisation and management. 6. Get access 24/7 to quotes, sales and statistics using the full back-offi ce system. You have access to the following information: Policies issued. Client information. Proposals. Payment methods used. All sales. Full visibility of quotations obtained. Did you know that 1/3rd of SME s choosing to purchase their insurance online do so outside offi ce hours Tel : +44 (0)

6 BUSINESS Our Platform Capabilities Any Insurance Type Single Quote Multiquote B2C B2B Documentation ed to client Customisable documents Customisable Schemes Fully dynamic question sets Questions can be asked at any stage White-labelled Client Interface White labelled forms Insurers Back Offi ce Mobile compliant Client Area Affi liate Management Amend clients quotes View Payment information Mid-term adjustments Analysis of every question Advanced analysis of questions (analysing sets of questions, combinations of questions) via rules Any language character set Full Reporting Bordereau Creation Client Reconciliation Customisable Reports Offl ine proposal form 5 New London House, 6 London St (Nr Fenchurch St Station), London, EC3R 7AD

7 Back Offi ce System Your online back offi ce system comes with advanced information on your clients policies, proposals, stats, confi rmation of covers, payment and much more. Information at a glance You are able to see at a glance all policies you have placed online by day, month, year and all time. Client details of cover and payments made can be accessed quickly and easily. You are sent an giving details of clients who have not been able to obtain a quotation via the online Multiquote & buy system, to discuss matters further. A copy of their proposal form (which they have completed) will also be included as a reference. Simple one click automation The client confi rms that documentation has been received by one click of a button via an automated . You have the ability to edit client s details and re-send any documentation that the client hasn t received. Data to grow your business The system provides you with a list of renewals and will automatically send renewal letters to your clients. Data at your fi nger tips The system saves all information the client puts in via the online quote and buy system, whether it s a sale or not. When a client proceeds online, the proposal form, policy schedule and payment details are automatically stored on the back offi ce system. Tel : +44 (0)

8 BUSINESS Offl ine Brokering Our expert team We run a fi rst class in house brokering service with an experienced team providing a quick turn around to any insurance requirement. We have a wide choice of suppliers and can deal with international contracts. We are specialists in: Professional Indemnity. Directors & Offi cers Liability. Medical Malpractice. Intellectual Property Insurance. Charities & Trustees Insurance. Residents Associations Insurance. Commercial Insurance including Europe and USA risks. High-risk Liability. Clinical Trials. Shops, offi ces and factories. International risks. AND MANY MORE Business Insurance 247 can also conduct its full broking service on behalf of clients or brokers, anywhere in the world. We are happy to help brokers place diffi cult risks across a wide range of commercial insurances with a focus on professional lines. 7 New London House, 6 London St (Nr Fenchurch St Station), London, EC3R 7AD

9 Other Services We Offer Bespoke software builds: For brokers who want to automate their schemes. For brokers who want to trade internationally selling online products. Bespoke paperless systems for your brokerage, at competitive rates. Website development We offer a range of website services including: Bespoke design to your branding. Website development. Website optimisation. Website hosting, servers & payment setup. Website builds using all the latest programming technologies and languages. Brand & logo design When you need a new online platform, sometimes you ll need a fresh identity to launch your new system with. We design high impact, professional logos which are cohesive to the rest of the design language. In-house photographic expertise We offer a range of design, branding and marketing support services with inhouse photographic expertise. We can help you develop a powerful, high impact corporate identity with the following resources: In house photographic studio & photographer. In house graphic designers using latest software. Access to top models. Team with skills in the latest design software. Tel : +44 (0)

10 BUSINESS More Information London Offi ce If you require any further information or wish to set up your own system on your website, please do not hesitate to contact us and we would be pleased to go through how this is achieved. We are very happy to demo the system at your offi ce, or you are welcome to come and see us at: Postal address: New London House, 6 London St (Nr Fenchurch St Station), London, EC3R 7AD Telephone: +44 (0) Visit our broker technology site Head Offi ce Postal address: Lion Works, Sidley Rd, Eastbourne, East Sussex, BN22 7HB Telephone: +44 (0) Contacts by Kelly Fyfe Ellie Hearsey Lynn Hearsey Karler Mears Graham kelly@insurancetechnology.co.uk ellie@insurancetechnology.co.uk lynn@insurancetechnology.co.uk karler@insurancetechnology.co.uk graham@insurancetechnology.co.uk Visit our company website 9 New London House, 6 London St (Nr Fenchurch St Station), London, EC3R 7AD

11 The myth... The truth BUSINESS For selected UK & international partners our software can be offered on a per sale basis International leaders for online SME insurance platforms B2B & B2C Helping brokers, MGA s & insurers globally to set up and sell commercial insurances online Single or Multiquote & Buy platforms available for insurers or broker schemes Cover and policies can be issued direct to clients 24/7 Our single and Multiquote & Buy platform works in any language and currency Our Quote & Buy platform does not affect any current software you are running and can feed into most systems We can introduce brokers wanting insurance products online in their country to London insurance market suppliers One of the only Multiquote & Buy platforms that is mobile and tablet compliant We can offer our platform to brokers for their own schemes & insurance products B2B or B2C Call us today: A Magical Online Experience Nulli Secundus

12 The UK s leading quote and buy system for brokers and underwriters Professional Insurance Agents Ltd (also t/a Business Insurance 247) is authorised and regulated by the Financial Conduct Authority details of such authorisation can be checked on the FCA s register at under reference number Registered in England Company Number Licensed Credit Broker No