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Increasing profitability requires change.
Insurecom provides a range of services to the intermediary sector, all of which assist growing brokers to develop greater profitability.
Whether you’re looking to extract shareholder value from your existing operations with a sale or merger, or would like to investigate new profit maximising strategies, then Insurecom’s business process consultants will be able to help. It could be time to hear some new ideas.
Extracting value from combining brokerages requires comprehensive operational integration. Just combining gwp + gwp may result in a net value increase that is far below the cost of capital used to fund the merger, and limit your ability to raise capital to fund further acquisitions. Insurecom provide extensive post-acquisition integration expertise.
Insurecom helps brokers who have specialties / schemes products to maximise and develop their revenue stream. Whether is for wholesaling or the direct consumer market, or both, we have experience to bring to the table.
If brokers could take a scheme-product rating engine and place it online with full transaction (B2C) capability for under £5k, would they do it? Looking from another perspective, it’s recognised that the vast majority of commercial customers just want the ability to securely log on to your backoffice system from time to time and check their policy information, perhaps download a copy of documentation, or check the status of an issue. eBusiness doesn’t have to mean trading.
The majority of brokers (especially those with niche scheme products) could realise improvements in revenues and profitability with some additional direction with respect to their approach to the use of marketing.
Insurecom helps intermediaries with niche scheme products to link them directly to the major aggregator websites. Our insurer-linked InsureServe Portal is connected to the major aggregators in real-time. We have helped specialist brokers to see massive increases in business.
Insurecom has invested in building insurance intermediary training systems that provide the highest retention rates in the industry. The training teams at our Skillbase Academy have designed engaging practices that reflect individual learning styles and levels.
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