Folgate Masterplan, the network owned by the Folgate Partnership, has launched acceler8, a private motor panel that is claimed to enable network members to develop their business and significantly enhance their earnings.

Members who wish to join acceler8 are asked to place all of their EDI business with the panel of insurers comprising Allianz Cornhill, Equity Red Star, Fortis Insurance, Link, MMA, Norwich Union, Provident and Zurich.

In return they will receive a combination of enhanced commissions and competitive rates. acceler8 is available to all Folgate Masterplan members with immediate effect via their usual contact.

Folgate Masterplan director Chris Moseley said: "At a time when many of our members are concerned about what the future holds we are delighted to launch acceler8 which has the potential to increase a typical broker's margin by 15%, possibly more given streamlined administration".

Early indications are that acceler8 will be a success - more than 40 members signed up in the first week.

The panel of insurers was decided upon as a result of feedback from Folgate Masterplan members at focus groups held around the UK earlier in the year.

Members were keen to have a panel of insurers which could accommodate the majority of their customers' requirements as well as providing the highest possible levels of service and having a reputation for stability.

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