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APC launches commercial insurance network
13 June, 2008
APC Underwriting has launched APC Alliance, a new network that enables mortgage brokers and IFAs to generate additional income by placing insurance for their commercial clients.
APC Alliance has been specifically designed to enable the introducer to pass on clients’ requirements and to receive a quotation back within 1 hour. All areas of commercial insurance can be covered and it is anticipated that the greatest interest will be for let property cover.
Once brokers and IFAs register at http://www.apcinsure.co.uk/apc-alliance.php all work required to generate the quotation from a lead will be handled by the APC Alliance team. A 15% commission of the gross premium on each case will be received by the introducer if the policy is taken out.
Ian Russell, Underwriting Director for APC said: “With the current challenges within the mortgage and IFA market there is a clear need to generate alternative income streams from existing clients. Having spoken to numerous brokers and IFAs we felt that the placement of commercial insurance would be of enormous benefit to introducers.”