2.5% commission increase for six months
Allianz high net worth underwriting agency Home & Legacy has launched an Acturis-supported e-trading platform for its home products portfolio.
The launch comes with a 2.5% commission increase deal for brokers for six months from December 1.
The platform is currently only available to around 550 Home & Legacy agency brokers that use Acturis, but the underwriting agency plans to develop the scheme on other platforms.
“I would like to have another one done by the end of quarter one next year,” said Home & Legacy sales & marketing director Mark Wooldridge.
The e-trading scheme simplifies and speeds up the quote process, and automatically creates necessary documents at the broker and insurer end.
Home & Legacy claims to be able to complete 95% of home quotes inside two hours.
The Home & Legacy insurer panel is Ageas, Allianz, Aviva, Ecclesiastical and RSA.
Acturis chief executive David McDonald said: “This is a significant technological development within the HNW sector and will give Home & Legacy a real competitive advantage.”
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