proposition overview - paradigmprotect.co.uk proposi… · defaqto 5 star rated home and...

Proposition Overview

Contents | 1

ContentsAward Winning GI 2

Why Choose Uinsure? 3Meet the Management team 4

Our Insurers 5Our Awards 6Our System 8

All About Defaqto 10How Do Our Products Compare? 12

Home Insurance 14Home Emergency Cover 18

19 Family Legal Protection

20 Landlord Insurance

24 MPPI

26 Bill Protector

28 Non-Standard Insurance

29 Commercial Insurance

30 Refer & Earn

31 Commission

32 Get In Touch

Award Winning GIOver the last few years Uinsure has established itself as the market leading B2B GeneraI Insurance (GI) provider. We have worked hard to make sure that our proposition includes everything that you will need to gain a significant income from the sale of GI.

We work with a number of the largest insurers in the UK and offer a wide range of products that are simple to understand but comprehensive by design, including our Defaqto 5 Star rated home and BTL/landlord insurance policies.

Our products are available via the quickest and easiest GI quotation system in the marketplace. Quotes can be achieved within 20 seconds and policies put on risk within minutes. Our Price Beater facility allows to you choose the price that your customer pays, whilst our Compare Tool allows you to compare the features and benefits of our policies against every other policy on the market.

For those that do not want the hassle of selling GI directly, we also offer a ‘Refer and Earn’ proposition whereby intermediaries introduce clients to Uinsure and an experienced insurance adviser will sell GI on their behalf. They get all of the benefits that a normal broker would but we do the work for them and still reward all parties for the introduction.

Relationships are at the heart of what we do. We have fantastic partnerships with our insurers and can therefore provide a first class service to our brokers.

It would be a great pleasure for us to start a working relationship with your company. By working together with Uinsure, I’m confident that your GI sales volumes will significantly increase.

Simon TaylorChief Executive Officer

2 | Award Winning General Insurance

Why choose Uinsure? | 3

Why Choose Uinsure?Here are just a few of the reasons why Uinsure are the market leading GI provider:

★ We offer a panel of the UK’s leading insurers.

★ We guarantee quality by only offering Defaqto 5 Star rated policies.

★ Our quotation system is the quickest & easiest in the market.

★ Our ‘Compare Tool’ lets you compare every policy on the market, for free.

★ Rates returned are competitive and are well below the UK average.

★ Our ‘Price Beater’ facility allows you to instantly reduce the premium quoted.

★ We automatically pre-populate all of your compliance documentation.

★ Renewals are carefully managed - 90% renew each year!

★ Our retentions team pro-actively keep business on your books.

★ Our popular commercial referral team guarantee a call within 2 hours!

★ All advisers registered with Uinsure have access to telephone & field support.

★ Our claims team is UK based and open 24 hours a day.

4 | Meet the management team

Meet the Management Team

Simon TaylorChief Executive Officer

Simon established Uinsure in 2007 as a new and innovative GI proposition for IFAs.

Prior to setting up Uinsure, Simon was formerly joint CEO of Bankhall, the largest Service Provider to IFAs and Mortgage Brokers in the UK.

He is married with four children and is a keen and active sportsman with interests ranging from country and equestrian sports, skiing, rugby and tennis.

John CowanNon-Executive Chairman

John has spent his entire career in financial services- over 40 years of experience. He has held a variety of senior positions; Sales and Marketing Di- rector at Scottish Amicable, Group Sales Director at Prudential, General Manager at National Australia Bank, and a host of other Directorships including Paymentshield, Foresters, Mortgage Options, The Consulting Consortium and Sesame Bankhall Group.

Rob EverettNon-Executive Director

Rob is married with two children and has been in the financial services industry for over 26 years having spent most of that time in the Mortgage and Estate Agency world. Rob has successfully built, owned and sold several businesses and achieved various industry awards along the way.

An entrepreneur with an excellent understanding of the mortgage and protection market Rob brings with his position in Uinsure valuable industry knowledge and experience.

A fan of Leicester Tigers and all things sport, Rob is a real enthusiast for Uinsure and despite holding a non-executive role is deeply involved with the successful development of the business.

Jason BerryDirector of Sales

Jason previously led the Intermediary sales function for the 2nd largest Building Society in the UK.

He is an experienced Financial Services Professional who has also held senior management roles across the Life Assurance and General Insurance sectors.

Recognised by his colleagues as being an energetic and personable leader he is married with 3 children and lives in Horsham, West Sussex.

Jason spends his leisure time watching Manchester City FC and playing squash.

Our Insurers | 5

Our InsurersAt Uinsure we give both you and your client peace of mind that they are dealing with some of the UK’s leading insurers, all within one GI provider.

6 | Our Awards

Our AwardsWe are delighted that our commitment to providing a 5 Star service to our customers, along with our commitment to being the best GI provider in the intermediary market, has been recognised by our peers across the insurance industry in the UK.

SimplyBiz GI Provider of the YearUinsure picked up the award at the annual SimplyBiz Group Partnership event.

Martin Reynolds, chief executive of SimplyBiz Mortgages, added: “We have dealt with Uinsure for a number of years but 2015 will be seen as the year that they came of age with our members. The sharpness of pricing, the commission sacrifice and Defaqto rating all helped contribute to a greater engagement with our members.”

Our Awards | 7

Mortgage Strategy ‘Best GI Provider’

Uinsure walked away with the award for Best General Insurance Provider and was praised for its innovation, excellent pricing and great service.

One judge said: “The most improved and consistently the most innovative this year has been Uinsure.”

Financial Reporter Best GI ProviderUinsure was named Best GI Provider in the prestigious Financial Reporter Awards.

The awards, now in their sixth year, are based entirely on votes with no panel or shortlist, meaning they offer a true representation on the industry’s opinion on who deserves recognition for their work.

Lifetime Group GI Provider of the YearPaul Merrigan, founder and CEO of Lifetime Group, said: “We are delighted to announce Uinsure as our GI Provider of the Year. This award is greatly deserved and correctly recognises the Uinsure proposition as the best fit for our advisers and their customers when home insurance is required.

Uinsure’s quotation system is widely regarded as the quickest and easiest available in the market.

★ Quotes in just 20 seconds from the simplest of question sets.

★ Instant Defaqto 5 Star cover available.

★ Available 24 hours a day and works on all devices.

★ Fully compliant documentation process & ‘Compare Tool’.

8 | Our system

Our System

Our system | 9

Selling home insurance isn’t always easy. Clients have a wealth of choice at their fingertips so obtaining quality cover at an affordable price isn’t always guaranteed.

Only you know how competitive a quote is; so in order to maximise your chances of a sale, our Price Beater allows you to alter the home insurance premiums returned from our panel of insurers. If you need to shave a little bit of money off a quote without stripping out cover, you can do so by reducing your commission from the maximum rate.

Our aim is to put you firmly in control of both price to client and your commission.

Price Beater

ComplianceWe work hard to make compliance as simple as possible.

As you quote, our system automatically creates a compliance document for each of your clients, which is then stored online for ease and simplicity.

Our software even allows you to e-mail the documents directly to your client and their solicitor.

Every day, our system automatically creates and stores FCA compliant documents for thousands of clients across the UK. You can access details of all submitted cases instantly, all day, every day.

10 | All About Defaqto

All About DefaqtoDefaqto is an independent researcher of financial products. As an organisation, it tries to give consumers more information about the products they’re comparing, so it’s easier to make an informed decision before making a purchase.

Each product that’s researched by Defaqto is given a rating – they independently rate over 500 insurance products at the moment – and that rating looks at all of the key features and benefits involved.

The ratings range from one to five Stars . The number of Stars a product has helps you to see where it sits in the market in terms of what it can – and can’t – do for you. A 1 Star policy is unlikely to offer the same features or benefits as a 5 Star policy – and 5 Star rated products and policies must meet extra minimum criteria in certain areas.

Products with 1 Star are quite basic, with a low level of features and benefits. They’re likely to cost much less than 5 Star products – which offer the highest level of cover.

Defaqto is completely independent and unbiased, and it never knowingly excludes a product or policy from its Star Ratings.

Give them the 5 Star treatment.

12 | How do our products compare?

How Do Our Products Compare?Compare Uinsure’s Defaqto 5 Star policies against over 300 home insurance & landlord insurance policies, for free, at www.uinsure.co.uk/compare.

We understand that choosing the right insurance policy can be difficult, but our comparison tool is designed to make it a little bit easier.

Our Defaqto-powered tool allows you to compare the key features of every home insurance and landlord insurance policy on the market, meaning that you and your client can make an informed decision you can trust.

All you have to do is select the name of the policy, or policies, that you’d like to compare against our Five star Defaqto rated policies, and our comparison tool will display them side by side, helping you to choose the right policy for you.

So, why not give our comparison tool a try today and see how well we compare?

Did you know?★ Defaqto rate over 100 product features when rating a product.

★ Only 20% of policies attract a maximum 5 Star rating.

★ The tool is updated daily - you know you’ve got the most up to date info.

★ You can easily download, print, save and share the comparision results.

How do our products compare? | 13

Home InsuranceUinsure was the first major GI provider to utilise a panel of B&C insurers via a common policy wording. Over the past 8 years, our panel offering has been continuously refined and currently consists of Ageas, AXA, RSA and UK General, all of whom share a common policy wording to simplify your compliance procedures.

With 99% postcode coverage, our panel product by design is suitable for the vast majority of clients who require protection for their possessions. High cover limits are teamed with a low policy excess to provide a quality product which is supported by UK based customer service and claims teams. Cover can be arranged and confirmed within minutes based upon the simplest question set and application process in the marketplace.

Our cover has been awarded a maximum 5 Star Rating by independent experts Defaqto so you have the reassurance that you’re buying quality cover.

14 | Home Insurance

Product Highlights1. £1 million buildings cover if you need to rebuild your home.

2. £60,000 contents cover as standard.

3. We’ll pay to trace the source of a leak and make good any damage caused.

4. New for old cover on all replaced contents.

5. One year guarantee on home repairs carried out by insurer-appointed builders.

6. Tailor your cover by adding optional extras, e.g. accidental damage & cover away from the home.

7. Experienced claims service with UK-based staff.

Home Insurance | 15

16 | Home Insurance

Buildings CoverCover Standard Policy LimitsMaximum Claims Limit £1 million

Protection against squatters £10,000 (in any one period of insurance)

Trace and access source of leak for escape of water and escape of oil causes £1 million

Protection against damage caused by the emergency services when gaining access to your home £1 million

Professional fees and costs £1 million

Accidental breakage to fixed glass, ceramic hobs, sanitary fixtures and fittings and solar panels £1 million

Accidental breakage to underground pipes, cables and drains £1 million

Property owner’s liability £2 million

Replacement locks and keys £1,000 under either the Buildings or Contents section of cover

Compulsory evacuation alternative accommodation £500 under either the Buildings or Contents section of cover

Newly acquired fixtures/contents £1,000 under either the Buildings or Contents section of cover

Rent and alternative accommodation 20% of either the Buildings or Contents maximum claim limits

Optional ExtrasAccidental Damage £1 million

Contents Cover

Home Insurance | 17

Cover Standard Policy LimitsMaximum Claims Limit £60,000

High Risk Property in the home £15,000

Business equipment £5,000 (limit for any one item is £2,000)

Money £750

Credit cards £1,000

Freezer food £50,000

Theft of Contents from an Outbuilding or Garage £1,000

Theft of Contents from a Secured Outbuilding or Garage £5,000 (Limit of £2,500 per outbuilding)

Contents temporarily removed £10,000

Public and personal liability £2 million

Liability for domestic employees £10 million

Unpaid damages £2 million

Tenant’s liability £10,000

Loss or damage to Contents during removal by professional contractors £60,000

Increase in the maximum claim limit for religious festivals, birthdays and family wedding and civil partnership ceremonies £5,000

Accidental breakage to audio and visual equipment, DVD players, glass, mirrors and desktop computers £60,000

Counselling Fees £1,000

Garden Cover £1,000

Downloaded data £1,000

Student belongings £5,000 (limit for any one item £1,000)

Replacement locks and keys £1,000 under either the Buildings or Contents section of cover

Optional ExtrasAccidental Damage £60,000

Unspecified Personal Belongings Up to £10,000 (limit for any one item is £2,000 unless specified)

Specified Personal Belongings Up to £15,000

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Product Highlights• Buildings Insurance - £500,000

• Buildings Accidental damage offered as standard Contents up to £75,000 with basic accidental damage as standard

• Single article limit of £2,500

• Business equipment covered up to £5,000 Theft from outbuildings covered up to £2,500 Up to 30% discount for clients with full NCD

Cover can be extended to include:

• Full contents accidental damage

• Contents cover away from the home

• Home emergency cover

• Family legal protection

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Cover costs of the following household emergencies:• Burst pipes or sudden leakage likely to cause damage to the Home or its contents.

• Accidental Damage, Break-in or Vandalism to external locks, doors or windows which compromises the security of the Home.

• Pest Infestation - Removal of wasp nests, field and house mice and brown rats within the home.

• Failure of your domestic water mains supply, gas supply, electricity, blockage or breaking or flooding of drains or sewers, or failure of your domestic hot water heating that is likely to cause internal water damage.

• A leakage caused by a smashed toilet bowl or cistern. Breakage of the cistern internal mechanism which prevents flushing and creates an emergency if there is no other toilet in the home.

• Lost Key where the only available Key to the Home has been lost, in order to gain normal access to the home.

Home Emergency Cover

Our Home Emergency Cover product assists callers with everyday home emergencies. Callers contact our team who will then source a tradesman on their behalf from a database of tradespeople, and arrange for them to call.

We regularly monitor the tradesmen on our database which means that your client can rest assured that any work to their property will be carried out to the highest quality.

The policy provides cover up to £300 per claim in the following areas:

18 | Home Emergency Cover










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Our Family Legal Protection policy is designed to help customers through difficult and often stressful legal situations by providing them with financial support and a 24-hour legal advice Helpline. The policy also provides access to discounted uninsured legal services such as wills and conveyancing.

By simply adding Legal Protection to the existing household policy gives your client peace of mind knowing that if a legal problem occurs, panel solicitors will support them through the process by giving expert assistance on the best way to resolve their claim.

Family Legal Protection

The policy provides cover up to £50,000 for professional fees in the

following areas:

• Pursuit of civil claims for personal injury or death

• Pursuit of consumer disputes relating to goods or services

• Pursuit of contract of employment disputes

• Property Disputes

• Property Damage

Family Legal Protection | 19

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Product Highlights• £600,000 buildings cover as standard to cover against damage such as fire, storm, subsidence

and theft.

• There is no need to calculate the re-build of the property, mitigating the risk of both under and over-insurance.

• £15,000 contents cover as standard to cover landlords’ content, including white goods (such as fridge/freezer & washing machine), furniture (such as sofas and beds) and furnishings (such as curtains and carpets).

• Trace and access cover up to £5,000.

• Landlords Legal liability as owner up to £2,000,000 per property.

• Liability for your Domestic Employees up to £5,000,000.

• All tenant types considered, including cover for students, DSS and asylum seekers available.


• Accidental damage cover - When selected we will replace items you or your tenants accidentally damage (up to the sum insured).

• Malicious damage cover - If you are unlucky enough to have a tenant who damages your property we’ll cover the cost of repair (up to the sum insured).

• Landlords’ legal cover - up to £25,000 to cover the costs of any legal proceedings relating to your rental property. For example, to cover the cost of evicting tenants.

Specialist Landlord Insurance is essential for anyone who is renting out their property.

Our Landlord Insurance provides peace of mind to your clients by protecting their home and possessions from loss or damage. The product has been specifically designed for the Buy-to-Let market and offers cover with high cover limits and ancillary products such as rent arrears protection available to complement the product’s coverage.

20 | Landlord Insurance

Landlord Insurance


Policy Excess The policy excess for standard claims is £100

No Claims Discount Up to 30%

First Time Buyer Discount Up to 25%

Trace and access source of leak for escape of water and escape of oil causes £500,000

Accidental breakage to fixed glass, ceramic hobs, sanitary fixtures and fittings and solar panels £500,000

Accidental breakage to underground pipes, cables and drains £500,000

Locks replacement Up to £750

Alternative accomodation £100,000


Protection against damage caused by the emergency services when £500,000

Professional fees and costs £500,000



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22 | Landlord Insurance

Rent Arrears CoverTenants’ personal circumstances can change for any number of reasons, so it’s prudent to minimise the risk to your clients’ income. Rent Arrears Indemnity cover can assist to protect rental income.

Rent Arrears Indemnity cover provides:

• Protection to pay the monthly rent on breach of a tenancy agreement.

• 100% of the rent arrears due to you for up to 6 months or until full and vacant possession is obtained, whichever happens soonest.

• Covers monthly rent up to £2,500 per month.

• Cover is only available for properties to be insured within England, Scotland, Wales and Northern Ireland.

• Cover is subject to there being a full Tenant Reference credit check being carried out for the tenant(s) and any Guarantor.

Home Emergency CoverThis covers Emergency Work of up to £500 where one or more of the following has occurred in the UK property which must be tenanted at the time under a Tenancy Agreement:

• The plumbing or drainage system has either failed or been damaged and escape of water or internal water damage is a likely consequence of that failure or damage.

• The electricity supply system has failed or broken down.

• The external locks, doors or windows have either failed or been damaged and the failure or damage is such as to render the Home insecure. The Primary Heating System has failed or broken down completely. A current Gas Safety Certificate is required for this cover to be valid.

• This cover Does NOT include Gas Leaks which must be reported to Transco on Emergency No 0800 111 999.

Landlord InsuranceOptional Extras

Landlord Insurance | 23

More than one propertyWhen a client has more than one property, big savings can be achieved by combining these properties into one portfolio Insurance policy, with one monthly premium and one renewal.

These policies are available via our Commercial & Non-Standard Referral service that have direct access into a panel of specialist Buy to Let Insurers and will handle all aspects of the quotation, sales and compliance process.

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• Full Accident, Sickness & Unemployment suite available.

• Can be sold alongside a mortgage or as a stand-alone sale.

• Monthly benefit available up to £2,000 (max 75% of gross income).

• 3 month payment holiday available.

• Choice of waiting periods.

• Optional back to day one cover.

• Annual contract of Insurance.

• No age banding.

• Back to Work Support.

Mortgage Payment Protection Insurance (MPPI) is designed to cover the cost of your client’s mortgage payments in the event that an accident, sickness or unemployment stops your client from working.

With a typical Job Seekers Allowance payment being £71 per week and Statutory Sick Pay set at just £85.85 and only payable for up to 28 weeks, it is clear that a lot of clients would struggle to cope financially should the unthinkable happen.

With Uinsure, a typical client with a £500 mortgage covered on a 30 day back to day 1 basis, this invaluable cover would cost just £23.60 per month, the equivalent to just 77p per day.

Our product is fully flexible. You can choose the cover required (ASU or AS only), the waiting and excess period for claiming, the monthly benefit required, and exactly how this is split if there are two applicants.

Quotations can be produced and put on risk instantly via our quick and easy online system.

24 | Mortgage Payment Protection Insurance

MPPI

Product Highlights v















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Uinsure Bill Protector ensures your day-to-day outgoings are protected, in the event of accident, illness or unemployment after being made redundant.

Our cover provides security for you for up to 12 months.

Bill Protector is available to both Homeowners and Tenants and is not linked to a Mortgage. You can use it to cover a variety of regular household bills, such as; Council Tax, Utility Bills, Loan/Finance repayments, Rent, or any other outgoings.

Uinsure Bill Protector can also be selected as an additional option to compliment a Uinsure Mortgage Payment Protection Insurance (MPPI) policy for extra protection.

Product Highlights• Accident, Sickness & Unemployment

Policy.

• 30 day waiting period with back to day one cover as standard.

• Fixed monthly benefit of £500 for £28.50 monthly premium.

• Annual contract of Insurance.

• Available to non-mortgage clients or MPPI holders wishing to top up cover.

26 | Bill Protector

Bill Protector















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28 | Non-Standard Insurance

Products Available

If your client owns a property with non-standard features such as a thatched roof, or if they have high value items, or past criminal convictions, you may struggle to find them a suitable home insurance policy.

But don’t worry; our Non-Standard referral team are here to help you find the right policy!

Uinsure specialise in non-standard home insurance. We can offer your client cover when other insurers won’t. We cover unoccupied properties, properties that have suffered subsidence, properties in flood risk areas or previous flood claims. We can also cover adverse claims history, any criminal conviction, and where your clients have had insurance refused or cancelled in the past.

Non-Standard Insurance

Non-Standard Construction

If your clients property is built of something other than bricks or stone, or roofed with something other than tiles or slate, you may struggle to find a standard insurance policy.

If so, you will need to seek a specialist buildings insurance policy to ensure your clients are adequately covered.

Listed Buildings

Listed buildings are protected by law and you usually need special permission to carry out any repairs or alterations. You might even have to use a certain type of material or technique, which can be expensive.

Owners of listed buildings often need specialist help to find appropriate cover.

Flood Risk

One in six homes in England is at risk of flooding - and you can find out if your clients is one of them by visiting the Environment Agency website at environmentagency.gov.uk. If you live in a flood risk area, it may mean you will have to seek out specialist cover.

Subsidence

If a property has suffered from, been monitored for, or been underpinned due to subsidence, a specialist policy will be required.

Unoccupied

Standard home insurance policies rarely cover a property that is left unoccupied for more than 30 or 60 days.

If you know your clients’ property is going to be empty for a prolonged period, perhaps due to a house sale or refurbishment, you should make sure that you have arranged adequate cover to protect the property and belongings.

Criminal Records

Many mainstream insurers operate a blanket policy of not providing insurance to people with unspent criminal convictions, so if your client, or anybody living with them, has a criminal record it can be difficult to find affordable home insurance.

Mid and High-Net-Worth

The risks involved for a High-Net-Worth client can vary and there is no typical risk on which an insurer can base their underwriting decisions.

High-Net-Worth home insurance is a truly bespoke product area and therefore needs professional advice.

Commercial Insurance | 29

We offer a wide range of commercial insurance products to meet your clients individual needs. This often includes those with unique or challenging requirements but our commercial referral service can help any business to find a solution that can save time, hassle and money.

Due to the often complicated nature of quoting and submitting commercial insurance, many brokers have ignored the opportunity in the past. However, commercial premiums can be large, and with up to a generous 15% commission up front and on renewal, this is another fantastic way to open up a significant revenue stream for very little effort.

Commercial Insurance

Products AvailableLiability Insurance

Our range of solutions for Public and Employers Liability Insurance includes options for any industry, organisation or service. Our policies provide solutions for tradespeople, business owners, employees and public service organisations in low or high risk environments.

For example we offer Directors and Officers Liability Insurance, providing protection from being sued, or suffering losses through individual acts of negligence by an employee.

Protection can also be provided against a whole range of claims relating to health, public safety, data protection, discrimination, disasters, and much more besides.

Professional Indemnity

If a business is threatened by a customer or supplier with a complaint, it could lead to disastrous consequences.

Providing bad advice can lead to a business being sued. Professional Indemnity Insurance protects your clients from a wide range of situations, including libel and slander.

Property Insurance

Uinsure’s Property Insurance portfolio is as diverse as the type of properties we cover. In other words each policy can be tailored to meet individual needs.

Our commercial referral team provides peace of mind to Landlord owners of both residential and commercial premises of all kinds.

Our solutions offer real value and in cases where exceptional needs arise, we provide unique and competitive solutions.

Our terms are flexible and we tailor each policy to suit every individual customer’s requirements.

Fleet Insurance

If your client owns or manages a fleet of vehicles, there is no doubt that they are always looking to reduce their running costs whilst maintaining a professional service from their insurance broker.

Whether their fleet is large, small, company or privately owned, as a leading Independent insurance broker, you can trust Uinsure to provide a competitive quotation backed by a comprehensive claims service.

We are sure that there are many more clients that need insurance that don’t fit into the categories above. This doesn’t mean that we can’t help source insurance, so if you’re not sure then please give us a call on 0344 844 3844 to discuss your case in more detail.

30 | Refer & Earn

Refer & EarnBrokers are constantly faced with a dilemma. How can they diversify enough to maintain a steady flow of business amid tough times while at the same time avoiding the ‘Jack of all trades, master of none” tag?Since the financial crisis hit and the market was thrown into disarray brokers can’t afford to ignore possible income streams. With mortgages not as easy to come by as they were in the heady pre-credit crunch days, there’s less business for brokers.

Further more, the introduction of more regulation and the issue of fee-charging has made things even more difficult for brokers.

But spreading yourself too thin can mean getting involved in areas you don’t feel confident – or indeed qualified – to offer advice in.

General insurance is a case in point. You should be speaking to all of your customers about their GI needs. If you’re not, you’re missing a trick as they will simply look elsewhere or, worst still, use comparison sites to source their own (which rarely leads to them getting the best deal).

However, not all brokers feel comfortable or are able to write GI. So what’s the solution? The answer is referrals.

By referring customers you can make sure your clients needs are met, meaning you are offering them a comprehensive service (thus improving your business reputation) as well as guaranteeing yourself a decent, steady income.

Referring customers can provide you with a much needed income to help you both now and in the future. It’s an opportunity that few people can afford to miss.

Commission | 31

CommisisonOur standard commission terms to directly authorised firms can be found below. If you are a member of a network, please contact your network directly for further details as these figures may vary slightly.

Product Standard Commission RateBuildings & Contents Insurance (Uinsure Panel*) Select between 0 - 27.5% on a case by case basis via Price Beater

Buy-to-Let Insurance Select between 0 - 25% on a case by case basis via Price Beater

Non-Standard Insurance Up to 15%

Commercial Insurance Up to 15%

MPPI - New Mortgage Borrowers** 27.5%

MPPI - Existing Mortgage Borrowers** 20%

Bill Protector*** 20%

Refer and Earn - Introduced Home Insurance and Buy to Let Insurance Up to 17.5%

* Policies sold via the Uinsure panel via AXA, Ageas,, RSA & UKGeneral** Year 1 paid indemnity commission, renewal payments made on a non-indemnity basis*** Commission payments made on a non-indemnity basis

We make our regular monthly commission payments at the end of the month following the successful collection of the client’s first payment. Commission payments are made via BACS to your nominated bank account and your accompanying statements can be viewed online by pre-authorised employees of your firm.

All commissions are paid on the premium net of Insurance Premium Tax (IPT), any applicable policy fees and credit charges.

32 | Get in touch

Get in touchWe offer all advisers registered with Uinsure access to a highly experienced and dedicated field and telephone based adviser support team who are able to assist in dealing with all adviser enquiries and pro-actively promoting our GI products.

Our sales team have a focused and responsive relationship with our advisers. We offer a genuine supporting role through face to face appointments, telephone training sessions, tailored workshops and attendance at road-shows and seminars.

Please get in touch to see how we can help you grow your GI business.

Write to us:

Uinsure Limited Lowry House 17 Marble Street Manchester M2 3AW

Call us:

0344 844 3844

Monday - Friday 09:00 - 17:30

Email us:

[email protected]

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