woopcover.com affiliate programme 2014
young driver insurance. powered by joy. happiness. freedom for drivers price. innovation. safety for parents young driver insurance. great value telematics car insurance for young drivers no mileage limits and no curfers woopcover.com affiliate programme drive safely where you want when you want powered by TomTom joy. happiness. freedom for drivers price. innovation. safety for parents
1. company overview
1. company overview woop young driver insurance is a new, innovative usage-based telematics insurance brand that makes premiums more affordable for motorists aged 17 to 24, without imposing curfews or mileage limits. woop uses a TomTom telematics device, known as a woop buddy, to monitor driving style and provide drivers with feedback on their speed, acceleration, braking and steering. this feedback can help drivers to improve their skills, and safer driving is rewarded by lower renewal costs. woop young driver insurance: great value telematics car insurance for young drivers no mileage limits and no curfews drive safely where you want when you want powered by TomTom woop cover ltd. registered in england. company No. 07751791. registered office: 48 felaw street, ipswich, suffolk, england, ip2 8pn. woop cover ltd. is an introducer appointed representative of Collingwood Insurance services (UK) Ltd. woop youngdriver insurance is arranged by Collingwood Insurance Services (UK) ltd and underwritten by qudos insurance A/S and collingwood insurance company limited.collingwood insurance services (UK) limited are authorised and regulated by the financial conduct authority (FCA). the FCA is the independent watchdog that regulates financial services. collingwood insurance services (UK) limited s permitted business is that of an insurance intermediary arranging contracts of general insurance. you can check this on the FCA sregister by visiting the FCA website http://www.fca.org.uk/register or by contacting the FCA on 0800 111 6768.
2. young drivers and telematics insurance
2. young drivers and telematics insurance telematics Insurance for young drivers is a rapidly growing market with the british Insurance brokers association (BIBA) forecasting that sales of telematics insurance will hit 500,000 by summer 2014. BIBA also estimate that telematics insurance is up to 30% cheaper than traditional car insurance. every year over 500,000 young drivers aged 17-25 pass their driving test (DfT) according to the driving standards agency (DSA) 1 in 5 young drivers has a crash in their first 6 months of driving. sales of telematics insurance will hit 500,000 by summer 2014... a newly passed driver aged 17 is far more likely to crash than a newly passed driver aged 30 according to the association of british insurers (ABI) who also estimate that young driver crash risk rises with each additional passenger in the car. in q4 2012, the average annual cost of comprehensive car insurance premiums for 17 to 20-year-old males was 2,960 (confused.com) in q4 2012, the average annual cost of comprehensive car insurance premiums for 17 to 20-year-old females was 1,986 (confused.com)
3. affiliate partners
3. affiliate partners the woopcover.com affiliate partner programme gives companies and organisations the opportunity to offer an innovative young driver insurance product to their customers or supporters - and to generate revenues for themselves. the programme requires no capital outlay or long-term commitment and involves minimal set up effort. all that is required is an ability to engage with customers or supporters, usually online or via email, and to encourage them to get a quote for woop young driver insurance via woopcover.com using specially created banners and links. an opportunity to offer an innovative young driver insurance product to your customers or supporters - and to earn revenue... the programme will give young drivers access to an innovative and affordable telematics based car insurance product and give Affiliate Partners the opportunity to generate an incremental revenue stream, based on the number of car insurance policy sales made by users delivered to the site by the affiliate partner.
4. why woop - for young drivers
4. why woop - for young drivers young driver insurance. great value telematics car insurance for young drivers no mileage limits and no curfews drive safely where you want when you want powered by TomTom woop young driver insurance offers young drivers great value telematics car insurance with no mileage limits and no curfews. TomTom s award-winning telematics technology provides woop drivers with feedback on all aspects of their driving style, from speed and acceleration to harsh steering and braking. this feedback can help drivers to improve their skills, and safer driving is rewarded by lower renewal costs. the device, known as the woop buddy, can also provide accident reporting and allows the policy-holder s vehicle to be tracked in the event of theft. more than half a million drivers aged 17 to 24 pass their test each year but around one in five will have a crash within six months, causing the price of insurance to rocket. woop young drivers insurance aims to provide a solution to both problems, making premiums affordable, while taking an innovative approach to improving safety on britain s roads. unrestricted by curfews or mileage limits, drivers have the freedom to enjoy their time on the road, while parents are given peace of mind that safe driving will always be a priority. - david hayward, managing director, woop cover ltd.
5. why woop - for partners
5. why woop - for partners the woopcover.com affiliate programme offers affiliate partners a range of benefits: earn commissions - simple and no set up costs. commission paid on every young driver insurance policy sale made to customers or supporters. simple, no set up costs, with no financial commitment or volume guarantees. access to a dedicated Affiliate Partner Manager. no maintenance. regular monthly reporting of quotes and sales. backed by one of the UK s leading learner driver insurers, and one of the world s largest reinsurers.
6. how it works
6. how it works woop will provide affiliates with details of how to build links from their websites to woopcover.com and will also supply access to a selection of banner and button artwork that you may choose to use. we can also supply promotional copy that has been approved by our compliance team. affiliate partners can decide how and how much to market this new partnership to their customers or supporters. greater promotion should lead to more traffic and therefore increased revenues. promotion could be undertaken through: onsite editorial onsite advertising (we will supply artwork) email marketing offsite promotion (e.g. advertising; leaflets; events; retail outlets; in-house communications; staff promotions). affiliate partners need to agree to a standard set of terms and conditions.
7. reporting
7. reporting affiliate partners will receive a monthly report that will include: an overview of clicks generated an overview of quotes generated an overview of sales generated an overview of commissions generated and paid please note that there can be a delay in confirming online sales as there is a mandatory cooling off period for each policy.
8. user journey
8. user journey user visits your site and sees woop banners or links. clicking the banner or link takes the user to woopcover.com where the user clicks to get a quote. the user is then taken through the quote process. once they have generated a quote they can either buy cover immediately or save their quote. once the user has bought cover and had their woop buddy installed we pay you your commission. banner site sale commision
9. earning potential
9. earning potential for each young driver insurance policy sold via the woop affiliate partner programme a commission is payable. no cap on commissions. your commission level will be agreed with you when you join the programme. there is no cap on the commissions that can be earned by woop affiliate partners. commissions will normally be paid directly to your nominated bank account.
10. how to get started
10. how to get started for more information about the woop affiliate partner programme please contact: mike.groves@woopworld.com or jason@speediepr.co.uk